T ROWE Downside Variance
| PRVIX Fund | | | USD 58.58 -0.73 -1.23% |
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 T ROWE's current Downside Variance with peer comparisons and related risk metrics.
Current Downside Variance Value
The Downside Variance of 1.56 for T ROWE indicates moderate price variability. This places T ROWE within the typical volatility range for Mutual Fund Funds.
Downside Variance | = | SUM(RET DEV)2N(ER) |
| = | 1.56 | |
| 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
T ROWE falls above the 1.08 peer average for Downside Variance. T Rowe Price leads at 2.21 while Columbia Balanced Fund registers the lowest at 0.391. T ROWE 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 T Rowe 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.
T ROWE's Maximum Drawdown of
5.62 runs about
3.60 times its Downside Variance of
1.56 . This indicates Maximum Drawdown is significantly higher than Downside Variance for T ROWE.
Methodology, Assumptions & Data Sources
T ROWE has a current Downside Variance reading of 1.56. The Downside Variance for T ROWE is produced by transforming raw price history into a standardized measure according to the indicator's defined methodology. Data sources include daily closing prices from supported exchanges, with standard corporate action adjustments applied. The output reflects the selected calculation window — changing the horizon will produce different readings. This fund metric is provided for analytical reference.
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