Clearwater Analytics Downside Variance
| CWAN Stock | | | USD 24.38 0.03 0.12% |
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 Clearwater Analytics's current Downside Variance with peer comparisons and related risk metrics.
Current Downside Variance Value
At 0.2637, Clearwater Analytics's Downside Variance indicates low price variability. This places Clearwater Analytics at the lower end of the volatility range for Application Software.
Downside Variance | = | SUM(RET DEV)2N(ER) |
| = | 0.2637 | |
| 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 22.24 for Downside Variance, with Clearwater Analytics at 0.2637 falling below that level. Readings span 7.34 (ACI Worldwide) to 39.79 (Jfrog). Clearwater Analytics 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 Clearwater Analytics 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.
Clearwater Analytics shows nearly
11.15 of Maximum Drawdown per unit of Downside Variance (
0.26 versus
2.94 ). This indicates Maximum Drawdown substantially exceeds Downside Variance for Clearwater Analytics.
Methodology, Assumptions & Data Sources
Clearwater Analytics has a current Downside Variance reading of 0.2637. This Downside Variance reading for Clearwater Analytics results from applying the indicator's calculation rules to price and volume data over the selected window. Data sources include daily closing prices from supported exchanges, with standard corporate action adjustments applied. Clearwater Analytics operates in the information technology 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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