SALIENT ALTERNATIVE Downside Deviation
| SABCX Fund | | | USD 12.47 0.04 0.32% |
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 SALIENT ALTERNATIVE's current Downside Deviation with peer comparisons and related risk metrics.
Current Downside Deviation Value
The Downside Deviation of 0.8314 for SALIENT ALTERNATIVE indicates low price variability. This places SALIENT ALTERNATIVE at the lower end of the volatility range for Mutual Fund Funds.
Downside Deviation | = | SQRT(DV) |
| = | 0.8314 | |
Downside Deviation Peers Comparison
SALIENT ALTERNATIVE falls below the 1.06 peer average for Downside Deviation. Rmb Mendon Financial leads at 1.28 while Transamerica Financial Life registers the lowest at 0.8404. SALIENT ALTERNATIVE has exhibited less price dispersion than the peer average over the measured period.
Downside Deviation Relative To Other Indicators
The chart below plots Downside Deviation against Maximum Drawdown for Salient Alternative 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.
SALIENT ALTERNATIVE's Maximum Drawdown of
3.30 runs about
3.96 times its Downside Deviation of
0.83 . This indicates Maximum Drawdown is significantly higher than Downside Deviation for SALIENT ALTERNATIVE.
Methodology, Assumptions & Data Sources
SALIENT ALTERNATIVE has a current Downside Deviation reading of 0.8314. SALIENT ALTERNATIVE's Downside Deviation is computed from historical closing prices over the selected time horizon, applying the indicator's defined mathematical transformation to raw price data. Inputs are drawn from end-of-day closing prices reported by supported exchanges, adjusted for splits and dividends where applicable. Indicator accuracy depends on data continuity across the calculation period. Gaps in trading history may affect the output.
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