Viet Thanh Downside Variance
| VTZ Stock | | | 20,800 300.00 1.46% |
Downside Variance for Viet Thanh Plastic is tracked, covering the current reading, formula details, and peer comparison data.
Equity Screeners allow filtering by Downside Variance alongside other technical indicators. For Viet Thanh,
Viet Thanh Volatility and
Viet Thanh Price History supply complementary context.
Current Downside Variance Value
Viet Thanh has a Downside Variance of 0.656, indicating low price variability. This places Viet Thanh at the lower end of the volatility range for Stock.
Downside Variance | = | SUM(RET DEV)2N(ER) |
| = | 0.656 | |
| 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
Viet Thanh's Downside Variance of 0.656 falls below the 4.42 peer average. Values range from 2.91 (Damsan JSC) to 5.94 (Mekong Fisheries JSC), with moderate dispersion across the group. Viet Thanh 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 Viet Thanh 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.
Viet Thanh shows nearly
5.37 of Maximum Drawdown per unit of Downside Variance (
0.66 versus
3.52 ). This indicates Maximum Drawdown substantially exceeds Downside Variance for Viet Thanh.
Methodology, Assumptions & Data Sources
The current Downside Variance for Viet Thanh is 0.656. Viet Thanh's Downside Variance is computed from historical closing prices over the selected time horizon, applying the indicator's defined mathematical transformation to raw price data. Inputs are drawn from end-of-day closing prices reported by supported exchanges, adjusted for splits and dividends where applicable. Results are based on historical returns and do not predict future performance. This indicator is provided for informational purposes.
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