Koppers Holdings Downside Variance
| KOP Stock | | | USD 41.16 -0.45 -1.08% |
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 Koppers Holdings's current Downside Variance with peer comparisons and related risk metrics.
Current Downside Variance Value
At 8.43, Koppers Holdings exhibits elevated price variability in Downside Variance. This places Koppers Holdings toward the higher end of the volatility range for Commodity Chemicals.
Downside Variance | = | SUM(RET DEV)2N(ER) |
| = | 8.43 | |
| 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
Koppers Holdings falls below the 18.15 peer average for Downside Variance. Orion Engineered Carbons leads at 42.12 while Valhi Inc registers the lowest at 8.44. Koppers Holdings 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 Koppers Holdings 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.
Koppers Holdings's Downside Variance reads
8.43 while Maximum Drawdown reads
14.14 , a
1.68 ratio between the two. This indicates Maximum Drawdown moderately exceeds Downside Variance for Koppers Holdings.
Methodology, Assumptions & Data Sources
The current Downside Variance for Koppers Holdings is 8.43. This Downside Variance reading for Koppers Holdings results from applying the indicator's calculation rules to price and volume data over the selected window. The underlying data comes from exchange-reported daily closes with corporate action adjustments applied where relevant. Koppers Holdings operates in the basic materials sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. Indicator accuracy depends on data continuity across the calculation period. Gaps in trading history may affect the output.
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