Lightbridge Corp Downside Variance
| LTBR Stock | | | USD 13.43 -0.19 -1.40% |
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 Lightbridge Corp's current Downside Variance with peer comparisons and related risk metrics.
Current Downside Variance Value
Lightbridge Corp registers a Downside Variance of 19.69, reflecting elevated price variability. This places Lightbridge Corp toward the higher end of the volatility range for Research & Consulting Services.
Downside Variance | = | SUM(RET DEV)2N(ER) |
| = | 19.69 | |
| 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
Among sector peers, Lightbridge Corp's Downside Variance of 19.69 is above the 17.15 group average. The range runs from 5.36 (Kornit Digital) to 47.93 (Aspen Aerogels). Lightbridge Corp has exhibited greater 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 Lightbridge Corp 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.
Lightbridge Corp's Downside Variance reads
19.69 while Maximum Drawdown reads
19.84 , a
1.01 ratio between the two. The two measures are closely aligned in magnitude for Lightbridge Corp.
Methodology, Assumptions & Data Sources
Lightbridge Corp has a current Downside Variance reading of 19.69. The Downside Variance for Lightbridge Corp is produced by transforming raw price history into a standardized measure according to the indicator's defined methodology. Inputs are drawn from end-of-day closing prices reported by supported exchanges, adjusted for splits and dividends where applicable. Lightbridge Corp operates in the industrials 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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