Nuveen Select Downside Deviation
| NXP Stock | | | USD 14.32 -0.06 -0.42% |
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 Nuveen Select's current Downside Deviation with peer comparisons and related risk metrics.
Current Downside Deviation Value
Nuveen Select has a Downside Deviation of 0.7378, indicating low price variability. This places Nuveen Select at the lower end of the volatility range for Stock.
Downside Deviation | = | SQRT(DV) |
| = | 0.7378 | |
Downside Deviation Peers Comparison
Nuveen Select's Downside Deviation of 0.7378 falls below the 2.04 peer average. Values range from 1.34 (Eagle Pointome) to 3.22 (Oppenheimer Holdings), with moderate dispersion across the group. Nuveen Select 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 Nuveen Select 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.
Nuveen Select's Downside Deviation reads
0.74 while Maximum Drawdown reads
2.70 , a
3.66 ratio between the two. This indicates Maximum Drawdown is significantly higher than Downside Deviation for Nuveen Select.
Methodology, Assumptions & Data Sources
Nuveen Select has a current Downside Deviation reading of 0.7378. Nuveen Select's Downside Deviation is computed from historical closing prices over the selected time horizon, applying the indicator's defined mathematical transformation to raw price data. The underlying data comes from exchange-reported daily closes with corporate action adjustments applied where relevant. The calculation assumes continuous price data across the selected period. All readings are presented as reference data.
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