4DMEDICAL Downside Deviation
| 4DX Stock | | | 3.39 -0.05 -1.45% |
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. Below is 4DMEDICAL's current Downside Deviation with peer comparisons and related risk metrics.
Current Downside Deviation Value
At 6.15, 4DMEDICAL exhibits elevated price variability in Downside Deviation. This places 4DMEDICAL toward the higher end of the volatility range for Stock.
Downside Deviation | = | SQRT(DV) |
| = | 6.15 | |
Downside Deviation Peers Comparison
4DMEDICAL falls above the 3.61 peer average for Downside Deviation. Resonance Health leads at 6.89 while Macquarie Bank registers the lowest at 0.3278. 4DMEDICAL has exhibited greater price dispersion than the peer average over the measured period.
Downside Deviation Relative To Other Indicators
The chart below plots Downside Deviation against Maximum Drawdown for 4DMEDICAL and its peers. Each point represents one equity — position along the horizontal axis shows Downside Deviation while the vertical axis shows Maximum Drawdown. Equities that cluster in different quadrants carry distinct risk-return profiles. Use the dropdowns to swap in other indicators for either axis.
Comparing Downside Deviation (
6.15 ) to Maximum Drawdown (
45.08 ) for 4DMEDICAL yields a
7.33 multiple. This indicates Maximum Drawdown substantially exceeds Downside Deviation for 4DMEDICAL.
Methodology, Assumptions & Data Sources
4DMEDICAL's Downside Deviation currently stands at 6.15. The Downside Deviation for 4DMEDICAL applies a standardized calculation to daily closing prices and, where applicable, volume data across the selected period. The underlying data comes from exchange-reported daily closes with corporate action adjustments applied where relevant. Values are specific to the selected time horizon and may differ across measurement periods. This indicator does not constitute investment advice.
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