Funko Downside Variance
| FNKO Stock | | | USD 5.26 0.80 17.94% |
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 Funko's current Downside Variance with peer comparisons and related risk metrics.
Current Downside Variance Value
A Downside Variance of 17.88 for Funko signals elevated price variability. This places Funko toward the higher end of the volatility range for Distributors.
Downside Variance | = | SUM(RET DEV)2N(ER) |
| = | 17.88 | |
| 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 16.13 for Downside Variance, with Funko at 17.88 falling above that level. Readings span 2.95 (JAKKS Pacific) to 39.21 (NOMADAR Corp Class). Funko has exhibited greater 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 Funko 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.
Funko shows nearly
1.53 of Maximum Drawdown per unit of Downside Variance (
17.88 versus
27.34 ). This indicates Maximum Drawdown moderately exceeds Downside Variance for Funko.
Methodology, Assumptions & Data Sources
Funko has a current Downside Variance reading of 17.88. Funko's Downside Variance is computed from historical closing prices over the selected time horizon, applying the indicator's defined mathematical transformation to raw price data. All inputs are based on exchange-reported closing prices, with adjustments for stock splits, dividends, and other corporate actions. Funko operates in the consumer discretionary sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. Values are specific to the selected time horizon and may differ across measurement periods. This indicator does not constitute investment advice.
Other Technical Indicators