Antero Resources Downside Variance
| AR Stock | | | USD 37.84 -0.36 -0.94% |
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 Antero Resources's current Downside Variance with peer comparisons and related risk metrics.
Current Downside Variance Value
At 7.14, Antero Resources's Downside Variance indicates elevated price variability. This places Antero Resources toward the higher end of the volatility range for Oil & Gas Exploration & Production.
Downside Variance | = | SUM(RET DEV)2N(ER) |
| = | 7.14 | |
| 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 4.64 for Downside Variance, with Antero Resources at 7.14 falling above that level. Readings span 1.47 (Antero Midstream Partners) to 11.05 (APA Corporation). Antero Resources 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 Antero Resources 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.
Antero Resources's Downside Variance reads
7.14 while Maximum Drawdown reads
11.21 , a
1.57 ratio between the two. This indicates Maximum Drawdown moderately exceeds Downside Variance for Antero Resources.
Methodology, Assumptions & Data Sources
Antero Resources has a current Downside Variance reading of 7.14. The Downside Variance for Antero Resources is produced by transforming raw price history into a standardized measure according to the indicator's defined methodology. Inputs are drawn from end-of-day closing prices reported by supported exchanges, adjusted for splits and dividends where applicable. Antero Resources operates in the energy sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. The calculation assumes continuous price data across the selected period. All readings are presented as reference data.
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