STAAR Surgical Downside Deviation
| STAA Stock | | | USD 28.20 0.02 0.07% |
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 STAAR Surgical's current Downside Deviation with peer comparisons and related risk metrics.
Current Downside Deviation Value
The current Downside Deviation of 3.63 places STAAR Surgical at moderate price variability. This places STAAR Surgical within the typical volatility range for Stock.
Downside Deviation | = | SQRT(DV) |
| = | 3.63 | |
Downside Deviation Peers Comparison
The peer group averages 4.85 for Downside Deviation, with STAAR Surgical at 3.63 falling below that level. Readings span 1.87 (Terns Pharmaceuticals) to 8.41 (Oric Pharmaceuticals). STAAR Surgical 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 STAAR Surgical 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.
STAAR Surgical's Maximum Drawdown of
29.72 runs about
8.18 times its Downside Deviation of
3.63 . This indicates Maximum Drawdown substantially exceeds Downside Deviation for STAAR Surgical.
Methodology, Assumptions & Data Sources
STAAR Surgical's Downside Deviation currently stands at 3.63. Downside Deviation for STAAR Surgical 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. Values are specific to the selected time horizon and may differ across measurement periods. This indicator does not constitute investment advice.
Other Technical Indicators