Koninklijke Philips Downside Variance
| PHG Stock | | | USD 27.47 -0.16 -0.58% |
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 Koninklijke Philips's current Downside Variance with peer comparisons and related risk metrics.
Current Downside Variance Value
Koninklijke Philips carries a Downside Variance of 0, consistent with low price variability. This places Koninklijke Philips at the lower end of the volatility range for Health Care Equipment & Supplies.
Downside Variance | = | SUM(RET DEV)2N(ER) |
| = | 0 | |
| 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
Downside Variance Relative To Other Indicators
The chart below plots Downside Variance against Maximum Drawdown for Koninklijke Philips 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.
Compare Koninklijke Philips to PeersMethodology, Assumptions & Data Sources
Koninklijke Philips has a current Downside Variance reading of 0. The Downside Variance for Koninklijke Philips applies a standardized calculation to daily closing prices and, where applicable, volume data across the selected period. Inputs are drawn from end-of-day closing prices reported by supported exchanges, adjusted for splits and dividends where applicable. Koninklijke Philips operates in the health care sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. The output reflects the selected calculation window — changing the horizon will produce different readings. This stock metric is provided for analytical reference.
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