Sendas Distribuidora Mean Deviation
| ASAI3 Stock | | | BRL 8.21 0.28 3.53% |
The Mean Deviation calculation for Sendas Distribuidora draws on price and volume history. Additional screening context is available through
Equity Screeners. Sendas Distribuidora has a market cap of 25.14 B, operating margin of 5.44%, current ratio of 1.17. See
Trending Equities for additional portfolio context. Portfolio analysis tools can evaluate how Sendas Distribuidora SA fits within a broader allocation. All figures are based on reported data and are informational in nature. Broader economic conditions can influence Sendas Distribuidora SA's company valuation — related indicators include
signals in nation.
Sendas Distribuidora SA has current Mean Deviation of 2.29. The mean deviation of the equity instrument is the first measure of the distances between each value of security historical prices and the mean. It gives us an idea of how spread out from the center the distribution of returns.
Mean Deviation | = | SUM(RET DEV)N |
| = | 2.29 | |
| SUM | = | Summation notation |
| RET DEV | = | Sum of return deviations of Sendas Distribuidora |
| N | = | Number of calculation points for selected time horizon |
Mean Deviation Peers Comparison
Mean Deviation Relative To Other Indicators
Sendas Distribuidora SA maintains a
fourth standing in mean deviation relative to competitors. It is currently under evaluation in maximum drawdown relative to competitors yielding
5.32 of Maximum Drawdown per Mean Deviation. For Sendas Distribuidora SA, Maximum Drawdown stands at
5.32 times Mean Deviation
Mean Deviation is the average of the absolute values of the differences between price distribution numbers and their mean. Mean deviation of equity instrument with a lot of historical data is a biased estimator because the time horizon used in calculation is typically much smaller than the entire price history of the equity. The mean deviation is typically used as a measure of dispersion for small investment horizon, otherwise standard deviation is a better measure of dispersion.
Compare Sendas Distribuidora to Peers
Other Technical Indicators