VictoryShares Large Downside Deviation
| CDL ETF | | | USD 75.15 -0.09 -0.12% |
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 VictoryShares Large's current Downside Deviation with peer comparisons and related risk metrics.
Current Downside Deviation Value
VictoryShares Large's Downside Deviation of 0.5868 reflects low price variability. This places VictoryShares Large at the lower end of the volatility range for ETF.
Downside Deviation | = | SQRT(DV) |
| = | 0.5868 | |
Downside Deviation Peers Comparison
VictoryShares Large's Downside Deviation of 0.5868 falls below the 1.08 peer average. Values range from 0.7733 (VictoryShares 500 Enhanced) to 1.49 (First Trust Europe), with moderate dispersion across the group. VictoryShares Large 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 VictoryShares Large 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.
The Maximum Drawdown-to-Downside Deviation ratio for VictoryShares Large sits near
5.04 , with Downside Deviation at
0.59 and Maximum Drawdown at
2.96 . This indicates Maximum Drawdown substantially exceeds Downside Deviation for VictoryShares Large.
Methodology, Assumptions & Data Sources
The current Downside Deviation for VictoryShares Large is 0.5868. The Downside Deviation for VictoryShares Large applies a standardized calculation to daily closing prices and, where applicable, volume data across the selected period. The underlying data comes from exchange-reported daily closes with corporate action adjustments applied where relevant. Results are based on historical returns and do not predict future performance. This indicator is provided for informational purposes.
Other Technical Indicators