TelstraLimited Downside Variance
| TLGPY Pink Sheet | | | USD 19.29 0.10 0.52% |
Downside Variance data for Telstra Limited is presented below, including the current value, historical progression, and peer context. Signal strength depends on data continuity and the instrument's typical trading volume. For TelstraLimited,
TelstraLimited Volatility and
TelstraLimited Price History supply complementary context.
Current Downside Variance Value
TelstraLimited registers a Downside Variance of 0.9828, reflecting low price variability. This places TelstraLimited at the lower end of the volatility range for Pink Sheet.
Downside Variance | = | SUM(RET DEV)2N(ER) |
| = | 0.9828 | |
| 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, TelstraLimited's Downside Variance is below the group average of 20.56. Peer readings range from 5.63 (Orange SA) to 50.9 (Vodafone Group PLC), reflecting wide dispersion across the sector. TelstraLimited 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 Telstra 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.
TelstraLimited's Maximum Drawdown of
4.20 runs about
4.28 times its Downside Variance of
0.98 . This indicates Maximum Drawdown is significantly higher than Downside Variance for TelstraLimited.
Methodology, Assumptions & Data Sources
TelstraLimited's Downside Variance currently stands at 0.9828. The Downside Variance for TelstraLimited applies a standardized calculation to daily closing prices and, where applicable, volume data across the selected period. 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.
Other Technical Indicators