CubeSmart Downside Variance
| CUBE Stock | | | USD 39.17 0.12 0.31% |
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 CubeSmart's current Downside Variance with peer comparisons and related risk metrics.
Current Downside Variance Value
At 2.35, CubeSmart's Downside Variance indicates moderate price variability. This places CubeSmart within the typical volatility range for Stock.
Downside Variance | = | SUM(RET DEV)2N(ER) |
| = | 2.35 | |
| 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 2.51 for Downside Variance, with CubeSmart at 2.35 falling below that level. Readings span 0.9689 (Brixmor Property) to 7.07 (Lineage Common Stock). CubeSmart 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 CubeSmart 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.
With Downside Variance at
2.35 and Maximum Drawdown at
8.26 , CubeSmart shows a
3.52 -to-one ratio between these indicators. This indicates Maximum Drawdown is significantly higher than Downside Variance for CubeSmart.
Methodology, Assumptions & Data Sources
The current Downside Variance for CubeSmart is 2.35. The Downside Variance for CubeSmart is produced by transforming raw price history into a standardized measure according to the indicator's defined methodology. All inputs are based on exchange-reported closing prices, with adjustments for stock splits, dividends, and other corporate actions. Values are specific to the selected time horizon and may differ across measurement periods. This indicator does not constitute investment advice.
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