Columbia Sportswear Downside Variance
| COLM Stock | | | USD 63.45 2.95 4.88% |
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 Columbia Sportswear's current Downside Variance with peer comparisons and related risk metrics.
Current Downside Variance Value
The Downside Variance of 3.14 for Columbia Sportswear indicates moderate price variability. This places Columbia Sportswear within the typical volatility range for Stock.
Downside Variance | = | SUM(RET DEV)2N(ER) |
| = | 3.14 | |
| 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
Columbia Sportswear falls below the 7.38 peer average for Downside Variance. Under Armour A leads at 10.4 while Buckle Inc registers the lowest at 3.22. Columbia Sportswear 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 Columbia Sportswear 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.
Columbia Sportswear shows nearly
3.19 of Maximum Drawdown per unit of Downside Variance (
3.14 versus
10.01 ). This indicates Maximum Drawdown is significantly higher than Downside Variance for Columbia Sportswear.
Methodology, Assumptions & Data Sources
Columbia Sportswear has a current Downside Variance reading of 3.14. The Downside Variance for Columbia Sportswear applies a standardized calculation to daily closing prices and, where applicable, volume data across the selected period. Price data is sourced from standardized end-of-day feeds across supported exchanges, normalized for corporate actions. Indicator accuracy depends on data continuity across the calculation period. Gaps in trading history may affect the output.
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