Apple Downside Variance

Apple Inc has current Downside Variance of 0.3001. 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.
Apple 
Downside Variance 
 = 
SUM(RET DEV)2 
N(ER) 
 = 
0.3001
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 Comparison

Apple Inc is rated second in downside variance category among related companies. It is rated fourth in maximum drawdown category among related companies reporting about  10.59  of Maximum Drawdown per Downside Variance. The ratio of Maximum Drawdown to Downside Variance for Apple Inc is roughly  10.59 
Downside Variance is the probability-weighted squared below-target returns. The squaring of the below-target returns has the effect of penalizing failures at an exponential rate. This is consistent with observations made on the behavior of individual decision-making under.
Compare Apple to competition
Apple Inc. designs, manufactures, and markets mobile communication and media devices, personal computers, and portable digital music players to consumers, small and midsized businesses, and education, enterprise, and government customers worldwide. more
NameApple Inc
InstrumentUSA Stock
RegionNorth America
ExchangeNASDAQ
CIK Number00320193.0
ISINUS0378331005
CUSIP037833100,378331003
Analyst Consensus
Piotroski F Score
Macroaxis Advice
Bond Rating