Citizens Financial Downside Variance
| CFG Stock | | | USD 65.62 1.26 1.96% |
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 Citizens Financial's current Downside Variance with peer comparisons and related risk metrics.
Current Downside Variance Value
Citizens Financial registers a Downside Variance of 3.95, reflecting moderate price variability. This places Citizens Financial within the typical volatility range for Regional Banks.
Downside Variance | = | SUM(RET DEV)2N(ER) |
| = | 3.95 | |
| 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, Citizens Financial's Downside Variance of 3.95 is above the 3.57 group average. The range runs from 2.17 (Comerica Incorporated) to 5.36 (Zions Bancorporation). Citizens Financial 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 Citizens Financial 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.
Citizens Financial records a Downside Variance of
3.95 and a Maximum Drawdown of
7.99 , yielding roughly
2.02 units of Maximum Drawdown per Downside Variance. This indicates Maximum Drawdown is significantly higher than Downside Variance for Citizens Financial.
Methodology, Assumptions & Data Sources
Citizens Financial has a current Downside Variance reading of 3.95. The Downside Variance for Citizens Financial applies a standardized calculation to daily closing prices and, where applicable, volume data across the selected period. Inputs are drawn from end-of-day closing prices reported by supported exchanges, adjusted for splits and dividends where applicable. Citizens Financial operates in the financial services sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. The output reflects the selected calculation window — changing the horizon will produce different readings. This stock metric is provided for analytical reference.
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