Siriuspoint Downside Variance
| SPNT Stock | | | USD 23.28 0.01 0.04% |
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 Siriuspoint's current Downside Variance with peer comparisons and related risk metrics.
Current Downside Variance Value
The current Downside Variance of 2.97 places Siriuspoint at moderate price variability. This places Siriuspoint within the typical volatility range for Stock.
Downside Variance | = | SUM(RET DEV)2N(ER) |
| = | 2.97 | |
| 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
Relative to peers, Siriuspoint's Downside Variance is below the group average of 4.03. Peer readings range from 1.94 (Trustmark) to 9.56 (Marex Group plc), reflecting wide dispersion across the sector. Siriuspoint 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 Siriuspoint 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.
Comparing Downside Variance (
2.97 ) to Maximum Drawdown (
10.26 ) for Siriuspoint yields a
3.46 multiple. This indicates Maximum Drawdown is significantly higher than Downside Variance for Siriuspoint.
Methodology, Assumptions & Data Sources
The current Downside Variance for Siriuspoint is 2.97. Downside Variance for Siriuspoint is derived by applying a defined formula to historical price observations, producing a time-series of comparable readings. All inputs are based on exchange-reported closing prices, with adjustments for stock splits, dividends, and other corporate actions. Results are based on historical returns and do not predict future performance. This indicator is provided for informational purposes.
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