BLUE CURRENT Downside Deviation
| BCGDX Fund | | | USD 20.43 0.11 0.54% |
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 BLUE CURRENT's current Downside Deviation with peer comparisons and related risk metrics.
Current Downside Deviation Value
With Downside Deviation at 0.9598, BLUE CURRENT shows low price variability. This places BLUE CURRENT at the lower end of the volatility range for Mutual Fund Funds.
Downside Deviation | = | SQRT(DV) |
| = | 0.9598 | |
Downside Deviation Peers Comparison
Relative to peers, BLUE CURRENT's Downside Deviation is below the group average of 1.11. Peer readings range from 0.7684 (Stadion Tactical Growth) to 1.64 (L Abbett Growth), reflecting moderate dispersion across the sector. BLUE CURRENT has exhibited less price dispersion than the peer average over the measured period.
Downside Deviation Relative To Other Indicators
The chart below plots Downside Deviation against Maximum Drawdown for Blue Current 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.
BLUE CURRENT's Maximum Drawdown of
3.92 runs about
4.09 times its Downside Deviation of
0.96 . This indicates Maximum Drawdown is significantly higher than Downside Deviation for BLUE CURRENT.
Methodology, Assumptions & Data Sources
The current Downside Deviation for BLUE CURRENT is 0.9598. This Downside Deviation reading for BLUE CURRENT results from applying the indicator's calculation rules to price and volume data over the selected window. Data sources include daily closing prices from supported exchanges, with standard corporate action adjustments applied. Results are based on historical returns and do not predict future performance. This indicator is provided for informational purposes.
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