NetApp Downside Deviation
| NTAP Stock | | | USD 111.75 0.01 0.01% |
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 NetApp's current Downside Deviation with peer comparisons and related risk metrics.
Current Downside Deviation Value
The current Downside Deviation of 2.25 places NetApp at moderate price variability. This places NetApp within the typical volatility range for Technology Hardware, Storage & Peripherals.
Downside Deviation | = | SQRT(DV) |
| = | 2.25 | |
Downside Deviation Peers Comparison
The peer group averages 2.86 for Downside Deviation, with NetApp at 2.25 falling below that level. Readings span 1.67 (Teledyne Technologies Incorporated) to 4.46 (Flex). NetApp has exhibited less 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 NetApp 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.
NetApp's Downside Deviation reads
2.25 while Maximum Drawdown reads
12.54 , a
5.57 ratio between the two. This indicates Maximum Drawdown substantially exceeds Downside Deviation for NetApp.
Methodology, Assumptions & Data Sources
NetApp has a current Downside Deviation reading of 2.25. The Downside Deviation for NetApp is produced by transforming raw price history into a standardized measure according to the indicator's defined methodology. The underlying data comes from exchange-reported daily closes with corporate action adjustments applied where relevant. NetApp operates in the information technology sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. The calculation assumes continuous price data across the selected period. All readings are presented as reference data.
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