Allegiant Travel Downside Deviation
| ALGT Stock | | | USD 82.19 0.01 0.01% |
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 Allegiant Travel's current Downside Deviation with peer comparisons and related risk metrics.
Current Downside Deviation Value
Allegiant Travel has a Downside Deviation of 0, indicating low price variability. This places Allegiant Travel at the lower end of the volatility range for Passenger Airlines.
Downside Deviation | = | SQRT(DV) |
| = | 0 | |
Downside Deviation Peers Comparison
Downside Deviation Relative To Other Indicators
The chart below plots Downside Deviation against Maximum Drawdown for Allegiant Travel 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.
Compare Allegiant Travel to PeersMethodology, Assumptions & Data Sources
The current Downside Deviation for Allegiant Travel is 0. Downside Deviation for Allegiant Travel is derived by applying a defined formula to historical price observations, producing a time-series of comparable readings. Data sources include daily closing prices from supported exchanges, with standard corporate action adjustments applied. Allegiant Travel operates in the industrials sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. Values are specific to the selected time horizon and may differ across measurement periods. This indicator does not constitute investment advice.
Other Technical Indicators