Jack Henry Downside Variance
| JKHY Stock | | | USD 145.84 -0.19 -0.13% |
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 Jack Henry's current Downside Variance with peer comparisons and related risk metrics.
Current Downside Variance Value
With Downside Variance at 0, Jack Henry shows low price variability. This places Jack Henry at the lower end of the volatility range for Transaction & Payment Processing Services.
Downside Variance | = | SUM(RET DEV)2N(ER) |
| = | 0 | |
| 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
Downside Variance Relative To Other Indicators
The chart below plots Downside Variance against Maximum Drawdown for Jack Henry 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.
Compare Jack Henry to PeersMethodology, Assumptions & Data Sources
Jack Henry has a current Downside Variance reading of 0. The Downside Variance for Jack Henry applies a standardized calculation to daily closing prices and, where applicable, volume data across the selected period. Price data is sourced from standardized end-of-day feeds across supported exchanges, normalized for corporate actions. Jack Henry operates in the financials 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.
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