What is the upside deviation?

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What is the upside deviation?

Upside deviation is a measure used in finance to assess the variability or dispersion of positive returns or gains from an investment or portfolio. It focuses on the extent to which returns exceed a certain threshold or benchmark, typically the average or expected return. Upside deviation helps investors evaluate the potential upside or positive performance of an investment by considering only the periods when returns are above the benchmark, disregarding negative returns.