Bitdeer Technologies Downside Variance
| BTDR Stock | | | 13.47 -0.37 -2.67% |
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 Bitdeer Technologies's current Downside Variance with peer comparisons and related risk metrics.
Current Downside Variance Value
With Downside Variance at 40.64, Bitdeer Technologies shows elevated price variability. This places Bitdeer Technologies toward the higher end of the volatility range for Application Software.
Downside Variance | = | SUM(RET DEV)2N(ER) |
| = | 40.64 | |
| 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, Bitdeer Technologies's Downside Variance is above the group average of 12.79. Peer readings range from 0.2637 (Clearwater Analytics Holdings) to 30.28 (CleanSpark), reflecting wide dispersion across the sector. Bitdeer Technologies 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 Bitdeer Technologies 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.
Bitdeer Technologies's Downside Variance reads
40.64 while Maximum Drawdown reads
31.73 , a
0.78 ratio between the two. This indicates Maximum Drawdown runs moderately below Downside Variance for Bitdeer Technologies. Downside Variance runs about
1.28 times Maximum Drawdown for Bitdeer Technologies Group
Methodology, Assumptions & Data Sources
Bitdeer Technologies has a current Downside Variance reading of 40.64. The Downside Variance for Bitdeer Technologies applies a standardized calculation to daily closing prices and, where applicable, volume data across the selected period. Price data is sourced from standardized end-of-day feeds across supported exchanges, normalized for corporate actions. Bitdeer Technologies operates in the information technology sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. 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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