ARIEL INTERNATIONAL Downside Variance
| AINTX Fund | | | USD 18.39 0.20 1.10% |
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. Below is ARIEL INTERNATIONAL's current Downside Variance with peer comparisons and related risk metrics.
Current Downside Variance Value
With Downside Variance at 1.86, ARIEL INTERNATIONAL shows moderate price variability. This places ARIEL INTERNATIONAL within the typical volatility range for Mutual Fund Funds.
Downside Variance | = | SUM(RET DEV)2N(ER) |
| = | 1.86 | |
| 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 |
Downside Variance Peers Comparison
Among sector peers, ARIEL INTERNATIONAL's Downside Variance of 1.86 is above the 1.56 group average. The range runs from 0.8823 (Hennessy Nerstone Growth) to 2.69 (Royce Smaller Companies Growth). ARIEL INTERNATIONAL has exhibited greater price dispersion than the peer average over the measured period.
Downside Variance Relative To Other Indicators
The chart below plots Downside Variance against Maximum Drawdown for Ariel International and its peers. Each point represents one equity — position along the horizontal axis shows Downside Variance 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.
ARIEL INTERNATIONAL's Maximum Drawdown of
5.80 runs about
3.11 times its Downside Variance of
1.86 . This indicates Maximum Drawdown is significantly higher than Downside Variance for ARIEL INTERNATIONAL.
Methodology, Assumptions & Data Sources
ARIEL INTERNATIONAL's Downside Variance currently stands at 1.86. ARIEL INTERNATIONAL's Downside Variance is computed from historical closing prices over the selected time horizon, applying the indicator's defined mathematical transformation to raw price data. Inputs are drawn from end-of-day closing prices reported by supported exchanges, adjusted for splits and dividends where applicable. Results are based on historical returns and do not predict future performance. This indicator is provided for informational purposes.
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