BP PLC Downside Variance
| BP Stock | | | USD 43.81 -0.82 -1.84% |
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 BP PLC's current Downside Variance with peer comparisons and related risk metrics.
Current Downside Variance Value
BP PLC has a Downside Variance of 5.78, indicating elevated price variability. This places BP PLC toward the higher end of the volatility range for Oil, Gas & Consumable Fuels.
Downside Variance | = | SUM(RET DEV)2N(ER) |
| = | 5.78 | |
| 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
BP PLC's Downside Variance of 5.78 falls above the 5.23 peer average. Values range from 0.9805 (Enbridge) to 15.74 (Equinor ASA ADR), with wide dispersion across the group. BP PLC 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 BP PLC 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.
BP PLC's Downside Variance reads
5.78 while Maximum Drawdown reads
10.66 , a
1.85 ratio between the two. This indicates Maximum Drawdown moderately exceeds Downside Variance for BP PLC.
Methodology, Assumptions & Data Sources
The current Downside Variance for BP PLC is 5.78. BP PLC'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. Inputs are drawn from end-of-day closing prices reported by supported exchanges, adjusted for splits and dividends where applicable. BP PLC operates in the energy sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. Results are based on historical returns and do not predict future performance. This indicator is provided for informational purposes.
Other Technical Indicators