Ecopetrol Downside Deviation
| EC Stock | | | USD 12.79 0.15 1.19% |
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 Ecopetrol's current Downside Deviation with peer comparisons and related risk metrics.
Current Downside Deviation Value
Ecopetrol has a Downside Deviation of 2.66, indicating moderate price variability. This places Ecopetrol within the typical volatility range for Oil, Gas & Consumable Fuels.
Downside Deviation | = | SQRT(DV) |
| = | 2.66 | |
Downside Deviation Peers Comparison
Ecopetrol's Downside Deviation of 2.66 falls above the 2.56 peer average. Values range from 1.09 (Pembina Pipeline Corp) to 5.09 (Venture Global), with wide dispersion across the group. Ecopetrol 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 Ecopetrol 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.
With Downside Deviation at
2.66 and Maximum Drawdown at
14.72 , Ecopetrol shows a
5.53 -to-one ratio between these indicators. This indicates Maximum Drawdown substantially exceeds Downside Deviation for Ecopetrol.
Methodology, Assumptions & Data Sources
Ecopetrol's Downside Deviation currently stands at 2.66. This Downside Deviation reading for Ecopetrol 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. Ecopetrol operates in the energy 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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