Rivian Automotive Downside Variance
| RIVN Stock | | | USD 14.26 0.31 2.22% |
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 Rivian Automotive's current Downside Variance with peer comparisons and related risk metrics.
Current Downside Variance Value
The Downside Variance of 13.17 for Rivian Automotive indicates elevated price variability. This places Rivian Automotive toward the higher end of the volatility range for Automobile Manufacturers.
Downside Variance | = | SUM(RET DEV)2N(ER) |
| = | 13.17 | |
| 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
Rivian Automotive falls above the 6.36 peer average for Downside Variance. Nio Class A leads at 10.41 while Magna International registers the lowest at 3.69. Rivian Automotive 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 Rivian Automotive 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.
Rivian Automotive shows nearly
2.66 of Maximum Drawdown per unit of Downside Variance (
13.17 versus
35.06 ). This indicates Maximum Drawdown is significantly higher than Downside Variance for Rivian Automotive.
Methodology, Assumptions & Data Sources
Rivian Automotive has a current Downside Variance reading of 13.17. Rivian Automotive's Downside Variance 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. Rivian Automotive operates in the consumer discretionary sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. Indicator accuracy depends on data continuity across the calculation period. Gaps in trading history may affect the output.
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