Simpson Manufacturing Downside Deviation
| SSD Stock | | | USD 192.32 -1.96 -1.01% |
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 Simpson Manufacturing's current Downside Deviation with peer comparisons and related risk metrics.
Current Downside Deviation Value
Simpson Manufacturing registers a Downside Deviation of 1.6, reflecting moderate price variability. This places Simpson Manufacturing within the typical volatility range for Building Products.
Downside Deviation | = | SQRT(DV) |
| = | 1.6 | |
Downside Deviation Peers Comparison
Simpson Manufacturing falls below the 2.42 peer average for Downside Deviation. IES Holdings leads at 4.48 while Air Lease registers the lowest at 0.099. Simpson Manufacturing 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 Simpson Manufacturing 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.
With Downside Deviation at
1.60 and Maximum Drawdown at
8.82 , Simpson Manufacturing shows a
5.51 -to-one ratio between these indicators. This indicates Maximum Drawdown substantially exceeds Downside Deviation for Simpson Manufacturing.
Methodology, Assumptions & Data Sources
Simpson Manufacturing has a current Downside Deviation reading of 1.6. The Downside Deviation for Simpson Manufacturing is produced by transforming raw price history into a standardized measure according to the indicator's defined methodology. The underlying data comes from exchange-reported daily closes with corporate action adjustments applied where relevant. Simpson Manufacturing operates in the basic materials 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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