BP PLC Downside Deviation
| 0HKP Stock | | | 42.47 0.23 0.54% |
The Downside Deviation lookup presents technical context for BP PLC ADR and related instruments. Coverage varies by data normalization and availability; see
Equity Screeners for broader screening context. BP PLC has a market cap of 133.32 B, operating margin of 3.88%, ROE of 1.7%.
Trending Equities can help frame allocation decisions. The allocation includes a position in BP PLC ADR within the portfolio mix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in inflation.
BP PLC ADR has current Downside Deviation of 2.19. Downside Deviation (or DD) is measured by target semi-deviation (the square root of target semi-variance) and is termed downside risk. It is expressed in percentages and therefore allows for rankings in the same way as standard deviation. An intuitive way to view the downside risk is the annualized standard deviation of returns below the target.
Downside Deviation | = | SQRT(DV) |
| = | 2.19 | |
BP PLC Downside Deviation Peers Comparison
0HKP Downside Deviation Relative To Other Indicators
BP PLC ADR maintains a
fifth standing in downside deviation relative to competitors. It is currently under evaluation in maximum drawdown relative to competitors yielding
3.99 of Maximum Drawdown per Downside Deviation. For BP PLC ADR, Maximum Drawdown stands at
3.99 times Downside Deviation
It is the square root of 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 most private investors.
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