Annovis Bio Downside Variance
| ANVS Stock | | | USD 2.29 -0.11 -4.58% |
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 Annovis Bio's current Downside Variance with peer comparisons and related risk metrics.
Current Downside Variance Value
A Downside Variance of 43.06 for Annovis Bio signals elevated price variability. This places Annovis Bio toward the higher end of the volatility range for Stock.
Downside Variance | = | SUM(RET DEV)2N(ER) |
| = | 43.06 | |
| 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
The peer group averages 20.32 for Downside Variance, with Annovis Bio at 43.06 falling above that level. Readings span 4.96 (PolyPid) to 56.99 (PDS Biotechnology Corp). Annovis Bio 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 Annovis Bio 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.
Comparing Downside Variance (
43.06 ) to Maximum Drawdown (
41.87 ) for Annovis Bio yields a
0.97 multiple. The two measures are closely aligned in magnitude for Annovis Bio. For Annovis Bio, Downside Variance stands at
1.03 times Maximum Drawdown
Methodology, Assumptions & Data Sources
Annovis Bio has a current Downside Variance reading of 43.06. The Downside Variance for Annovis Bio applies a standardized calculation to daily closing prices and, where applicable, volume data across the selected period. Data sources include daily closing prices from supported exchanges, with standard corporate action adjustments applied. The output reflects the selected calculation window — changing the horizon will produce different readings. This stock metric is provided for analytical reference.
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