Exelixis Downside Variance
| EXEL Stock | | | USD 48.68 -0.02 -0.04% |
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 Exelixis's current Downside Variance with peer comparisons and related risk metrics.
Current Downside Variance Value
A Downside Variance of 4.33 for Exelixis signals elevated price variability. This places Exelixis toward the higher end of the volatility range for Stock.
Downside Variance | = | SUM(RET DEV)2N(ER) |
| = | 4.33 | |
| 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 7.35 for Downside Variance, with Exelixis at 4.33 falling below that level. Readings span 4.71 (Revolution Medicines) to 10.1 (Moderna). Exelixis 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 Exelixis 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.
The Maximum Drawdown-to-Downside Variance ratio for Exelixis sits near
2.42 , with Downside Variance at
4.33 and Maximum Drawdown at
10.49 . This indicates Maximum Drawdown is significantly higher than Downside Variance for Exelixis.
Methodology, Assumptions & Data Sources
Exelixis' Downside Variance currently stands at 4.33. Exelixis' Downside Variance is computed from historical closing prices over the selected time horizon, applying the indicator's defined mathematical transformation to raw price data. Inputs are drawn from end-of-day closing prices reported by supported exchanges, adjusted for splits and dividends where applicable. Results are based on historical returns and do not predict future performance. This indicator is provided for informational purposes.
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