Global Industrial Downside Deviation
| GIC Stock | | | USD 32.91 0.07 0.21% |
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 Global Industrial's current Downside Deviation with peer comparisons and related risk metrics.
Current Downside Deviation Value
Global Industrial's Downside Deviation of 1.65 reflects moderate price variability. This places Global Industrial within the typical volatility range for Stock.
Downside Deviation | = | SQRT(DV) |
| = | 1.65 | |
Downside Deviation Peers Comparison
Global Industrial's Downside Deviation of 1.65 falls below the 2.79 peer average. Values range from 2.1 (Gorman Rupp) to 3.66 (Preformed Line Products), with moderate dispersion across the group. Global Industrial has exhibited less 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 Global Industrial 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
1.65 and Maximum Drawdown at
11.64 , Global Industrial shows a
7.06 -to-one ratio between these indicators. This indicates Maximum Drawdown substantially exceeds Downside Deviation for Global Industrial.
Methodology, Assumptions & Data Sources
Global Industrial's Downside Deviation currently stands at 1.65. The Downside Deviation for Global Industrial applies a standardized calculation to daily closing prices and, where applicable, volume data across the selected period. Inputs are drawn from end-of-day closing prices reported by supported exchanges, adjusted for splits and dividends where applicable. Values are specific to the selected time horizon and may differ across measurement periods. This indicator does not constitute investment advice.
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