Plexus Corp Downside Variance

PX4 Stock  EUR 152.00  1.00  0.65%   
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Plexus Corp has current Downside Variance of 2.62. Downside Variance (or DV) is measured by target semi-variance and is termed downside volatility. It is expressed in percentages and therefore allows for rankings in the same way as variance. One way to view downside volatility is the annualized variance of returns below the target.

Downside Variance

 = 

SUM(RET DEV)2

N(ER)

 = 
2.62
SUM = Summation notation
RET DEV = Actual returns deviation over selected period
N(ER) = Number of points with returns less than expected return for the period

Plexus Corp Downside Variance Peers Comparison

Plexus Downside Variance Relative To Other Indicators

Plexus Corp is rated below average in downside variance category among its peers. It is rated below average in maximum drawdown category among its peers reporting about  4.89  of Maximum Drawdown per Downside Variance. The ratio of Maximum Drawdown to Downside Variance for Plexus Corp is roughly  4.89 
Downside Variance is the probability-weighted squared below-target returns. The squaring of the below-target returns has the effect of penalizing failures at an exponential rate. This is consistent with observations made on the behavior of individual decision-making under.
Compare Plexus Corp to Peers

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