Hilton Grand Downside Variance
| HGV Stock | | | USD 48.62 0.01 0.02% |
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 Hilton Grand's current Downside Variance with peer comparisons and related risk metrics.
Current Downside Variance Value
The Downside Variance of 6.92 for Hilton Grand indicates elevated price variability. This places Hilton Grand toward the higher end of the volatility range for Stock.
Downside Variance | = | SUM(RET DEV)2N(ER) |
| = | 6.92 | |
| 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
Hilton Grand falls below the 6.95 peer average for Downside Variance. Marriot Vacations Worldwide leads at 12.11 while Rush Enterprises A registers the lowest at 4.24. Hilton Grand 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 Hilton Grand 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.
Hilton Grand produces
1.60 in Maximum Drawdown for each unit of Downside Variance, with respective readings of
11.05 and
6.92 . This indicates Maximum Drawdown moderately exceeds Downside Variance for Hilton Grand.
Methodology, Assumptions & Data Sources
Hilton Grand has a current Downside Variance reading of 6.92. Downside Variance for Hilton Grand is derived by applying a defined formula to historical price observations, producing a time-series of comparable readings. The underlying data comes from exchange-reported daily closes with corporate action adjustments applied where relevant. 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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