Travelers Companies Downside Variance
| TRV Stock | | | USD 301.53 -0.06 -0.02% |
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 Travelers Companies's current Downside Variance with peer comparisons and related risk metrics.
Current Downside Variance Value
A Downside Variance of 1.45 for Travelers Companies signals moderate price variability. This places Travelers Companies within the typical volatility range for Property & Casualty Insurance.
Downside Variance | = | SUM(RET DEV)2N(ER) |
| = | 1.45 | |
| 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
Downside Variance Relative To Other Indicators
The chart below plots Downside Variance against Maximum Drawdown for Travelers Companies 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.
Travelers Companies produces
3.66 in Maximum Drawdown for each unit of Downside Variance, with respective readings of
5.30 and
1.45 . This indicates Maximum Drawdown is significantly higher than Downside Variance for Travelers Companies.
Methodology, Assumptions & Data Sources
Travelers Companies' Downside Variance currently stands at 1.45. Travelers Companies' Downside Variance is computed from historical closing prices over the selected time horizon, applying the indicator's defined mathematical transformation to raw price data. Data sources include daily closing prices from supported exchanges, with standard corporate action adjustments applied. Travelers Companies operates in the financial services sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. The output reflects the selected calculation window — changing the horizon will produce different readings. This stock metric is provided for analytical reference.
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