AMN Healthcare Downside Variance
| AMN Stock | | | USD 20.97 -0.31 -1.46% |
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 AMN Healthcare's current Downside Variance with peer comparisons and related risk metrics.
Current Downside Variance Value
With Downside Variance at 16.76, AMN Healthcare shows elevated price variability. This places AMN Healthcare toward the higher end of the volatility range for Stock.
Downside Variance | = | SUM(RET DEV)2N(ER) |
| = | 16.76 | |
| 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
Relative to peers, AMN Healthcare's Downside Variance is below the group average of 27.61. Peer readings range from 3.5 (HealthStream) to 66.44 (Ginkgo Bioworks Holdings), reflecting wide dispersion across the sector. AMN Healthcare has exhibited less 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 AMN Healthcare 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.
AMN Healthcare shows nearly
1.13 of Maximum Drawdown per unit of Downside Variance (
16.76 versus
18.94 ). This indicates Maximum Drawdown moderately exceeds Downside Variance for AMN Healthcare.
Methodology, Assumptions & Data Sources
AMN Healthcare's Downside Variance currently stands at 16.76. AMN Healthcare'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. Data sources include daily closing prices from supported exchanges, with standard corporate action adjustments applied. 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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