BUFFALO LARGE Downside Variance
| BUFEX Fund | | | USD 62.52 1.08 1.76% |
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 BUFFALO LARGE's current Downside Variance with peer comparisons and related risk metrics.
Current Downside Variance Value
With Downside Variance at 1.27, BUFFALO LARGE shows moderate price variability. This places BUFFALO LARGE within the typical volatility range for Buffalo Funds.
Downside Variance | = | SUM(RET DEV)2N(ER) |
| = | 1.27 | |
| 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
Among sector peers, BUFFALO LARGE's Downside Variance of 1.27 is above the 0.99 group average. The range runs from 0.0309 (Fidelity Limited Term) to 2.3 (Dunham International Stock). BUFFALO LARGE 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 Buffalo Large 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.
BUFFALO LARGE's Maximum Drawdown of
4.37 runs about
3.43 times its Downside Variance of
1.27 . This indicates Maximum Drawdown is significantly higher than Downside Variance for BUFFALO LARGE.
Methodology, Assumptions & Data Sources
The current Downside Variance for BUFFALO LARGE is 1.27. This Downside Variance reading for BUFFALO LARGE results from applying the indicator's calculation rules to price and volume data over the selected window. All inputs are based on exchange-reported closing prices, with adjustments for stock splits, dividends, and other corporate actions. BUFFALO LARGE operates in the large growth 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.
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