Rush Enterprises Downside Variance
| RUSHB Stock | | | USD 65.94 -0.90 -1.35% |
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 Rush Enterprises's current Downside Variance with peer comparisons and related risk metrics.
Current Downside Variance Value
With Downside Variance at 6.44, Rush Enterprises shows elevated price variability. This places Rush Enterprises toward the higher end of the volatility range for Stock.
Downside Variance | = | SUM(RET DEV)2N(ER) |
| = | 6.44 | |
| 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
Among sector peers, Rush Enterprises's Downside Variance of 6.44 is below the 8.42 group average. The range runs from 4.99 (Garrett Motion) to 10.09 (CarGurus). Rush Enterprises has exhibited less 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 Rush Enterprises 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.
Rush Enterprises's Maximum Drawdown of
12.37 runs about
1.92 times its Downside Variance of
6.44 . This indicates Maximum Drawdown moderately exceeds Downside Variance for Rush Enterprises.
Methodology, Assumptions & Data Sources
Rush Enterprises has a current Downside Variance reading of 6.44. The Downside Variance for Rush Enterprises applies a standardized calculation to daily closing prices and, where applicable, volume data across the selected period. The underlying data comes from exchange-reported daily closes with corporate action adjustments applied where relevant. Values are specific to the selected time horizon and may differ across measurement periods. This indicator does not constitute investment advice.
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