Compass Minerals Downside Variance
| CMP Stock | | | USD 27.93 -0.31 -1.10% |
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 Compass Minerals's current Downside Variance with peer comparisons and related risk metrics.
Current Downside Variance Value
At 13.6, Compass Minerals exhibits elevated price variability in Downside Variance. This places Compass Minerals toward the higher end of the volatility range for Diversified Metals & Mining.
Downside Variance | = | SUM(RET DEV)2N(ER) |
| = | 13.6 | |
| 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
Compass Minerals falls below the 59.7 peer average for Downside Variance. Graphjet Technology leads at 230.5 while Oil Dri registers the lowest at 4.69. Compass Minerals has exhibited less 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 Compass Minerals 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.
Compass Minerals's Downside Variance reads
13.60 while Maximum Drawdown reads
14.93 , a
1.10 ratio between the two. The two measures are closely aligned in magnitude for Compass Minerals.
Methodology, Assumptions & Data Sources
Compass Minerals' Downside Variance currently stands at 13.6. The Downside Variance for Compass Minerals applies a standardized calculation to daily closing prices and, where applicable, volume data across the selected period. Data sources include daily closing prices from supported exchanges, with standard corporate action adjustments applied. Compass Minerals operates in the basic materials 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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