Carlsberg A/S Downside Variance
| CABJF Pink Sheet | | | USD 137.04 -0.76 -0.55% |
Downside Variance for Carlsberg AS is tracked, covering the current reading, formula details, and peer comparison data. Cross-instrument Downside Variance comparisons are available through
Equity Screeners. Review
Carlsberg A/S Volatility and
Carlsberg A/S Price History for a broader perspective on Carlsberg A/S.
Current Downside Variance Value
Carlsberg A/S has a Downside Variance of 26.84, indicating elevated price variability. This places Carlsberg A/S toward the higher end of the volatility range for Pink Sheet.
Downside Variance | = | SUM(RET DEV)2N(ER) |
| = | 26.84 | |
| 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 10.29 for Downside Variance, with Carlsberg A/S at 26.84 falling above that level. Readings span 3.15 (Coca Cola HBC) to 18.95 (Heineken Holding NV). Carlsberg A/S 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 Carlsberg 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.
Carlsberg A/S records a Downside Variance of
26.84 and a Maximum Drawdown of
17.23 , yielding roughly
0.64 units of Maximum Drawdown per Downside Variance. This indicates Maximum Drawdown runs moderately below Downside Variance for Carlsberg A/S. Carlsberg AS carries a
1.56 x Downside Variance-to-Maximum Drawdown ratio
Methodology, Assumptions & Data Sources
Carlsberg A/S's Downside Variance currently stands at 26.84. This Downside Variance reading for Carlsberg A/S 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. The calculation assumes continuous price data across the selected period. All readings are presented as reference data.
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