IShares Telecommunicatio Downside Deviation
| IYZ ETF | | | USD 41.41 -0.66 -1.57% |
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 IShares Telecommunicatio's current Downside Deviation with peer comparisons and related risk metrics.
Current Downside Deviation Value
With Downside Deviation at 1.35, IShares Telecommunicatio shows moderate price variability. This places IShares Telecommunicatio within the typical volatility range for ETF.
Downside Deviation | = | SQRT(DV) |
| = | 1.35 | |
Downside Deviation Peers Comparison
The peer group averages 1.19 for Downside Deviation, with IShares Telecommunicatio at 1.35 falling above that level. Readings span 0.9956 (iShares Morningstar Small Cap) to 1.49 (iShares Basic Materials). IShares Telecommunicatio 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 IShares Telecommunicatio 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.
IShares Telecommunicatio's Maximum Drawdown of
7.16 runs about
5.31 times its Downside Deviation of
1.35 . This indicates Maximum Drawdown substantially exceeds Downside Deviation for IShares Telecommunicatio.
Methodology, Assumptions & Data Sources
IShares Telecommunicatio has a current Downside Deviation reading of 1.35. Downside Deviation for IShares Telecommunicatio is derived by applying a defined formula to historical price observations, producing a time-series of comparable readings. All inputs are based on exchange-reported closing prices, with adjustments for stock splits, dividends, and other corporate actions. Indicator accuracy depends on data continuity across the calculation period. Gaps in trading history may affect the output.
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