Paycom Software Downside Deviation
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 Paycom Software's current Downside Deviation with peer comparisons and related risk metrics.
Current Downside Deviation Value
Paycom Software's Downside Deviation of 0 reflects low price variability. This places Paycom Software at the lower end of the volatility range for Stock.
| = | 0 |
| SQRT | = | Square root notation |
| DV | = | Downside Variance of returns over selected period |
Downside Deviation Peers Comparison
Downside Deviation Relative To Other Indicators
The chart below plots Downside Deviation against Maximum Drawdown for Paycom Software 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.
Downside Deviation |
Maximum Drawdown |
Methodology, Assumptions & Data Sources
The current Downside Deviation for Paycom Software is 0. The Downside Deviation for Paycom Software applies a standardized calculation to daily closing prices and, where applicable, volume data across the selected period. Data sources include daily closing prices from supported exchanges, with standard corporate action adjustments applied. The calculation assumes continuous price data across the selected period. All readings are presented as reference data.