Destiny Tech100 Downside Deviation
| DXYZ Stock | | | 54.60 9.60 21.33% |
Downside Deviation (or DD) is measured by target semi-deviation (the square root of target semi-variance) and is termed downside risk. It is expressed in percentages and therefore allows for rankings in the same way as standard deviation. An intuitive way to view the downside risk is the annualized standard deviation of returns below the target. Below is Destiny Tech100's current Downside Deviation with peer comparisons and related risk metrics.
Current Downside Deviation Value
At 2.79, Destiny Tech100's Downside Deviation indicates moderate price variability. This places Destiny Tech100 within the typical volatility range for IT Consulting & Other Services.
Downside Deviation | = | SQRT(DV) |
| = | 2.79 | |
Downside Deviation Peers Comparison
Relative to peers, Destiny Tech100's Downside Deviation is above the group average of 1.11. Peer readings range from 0.1989 (Pioneer Acquisition I) to 2.52 (NewtekOne), reflecting wide dispersion across the sector. Destiny Tech100 has exhibited greater price dispersion than the peer average over the measured period.
Downside Deviation Relative To Other Indicators
The chart below plots Downside Deviation against Maximum Drawdown for Destiny Tech100 and its peers. Each point represents one equity — position along the horizontal axis shows Downside Deviation 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.
Destiny Tech100's Maximum Drawdown of
21.31 runs about
7.63 times its Downside Deviation of
2.79 . This indicates Maximum Drawdown substantially exceeds Downside Deviation for Destiny Tech100.
Methodology, Assumptions & Data Sources
The current Downside Deviation for Destiny Tech100 is 2.79. Downside Deviation for Destiny Tech100 is derived by applying a defined formula to historical price observations, producing a time-series of comparable readings. All inputs are based on exchange-reported closing prices, with adjustments for stock splits, dividends, and other corporate actions. Destiny Tech100 operates in the information technology 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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