Ascom Holding Mean Deviation
| ASCN Stock | | | CHF 4.97 -0.04 -0.80% |
Historical market data for Ascom Holding AG forms the basis of the Mean Deviation indicator shown here. The calculation draws on time-series market data across available periods. Ascom Holding has a market cap of 172.51 M, operating margin of 10.06%, current ratio of 1.73. For allocation context, review
Trending Equities. Tracking Ascom Holding AG in a portfolio provides context for performance attribution. All values are presented as reference data. Broader economic conditions can influence Ascom Holding AG's company valuation — related indicators include
signals in inflation.
Ascom Holding AG has current Mean Deviation of 2.39. 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 |
| = | 2.39 | |
| SUM | = | Summation notation |
| RET DEV | = | Sum of return deviations of Ascom Holding |
| N | = | Number of calculation points for selected time horizon |
Mean Deviation Peers Comparison
Mean Deviation Relative To Other Indicators
Ascom Holding AG is rated
below average for mean deviation across the peer group. It is currently under evaluation for maximum drawdown across the peer group reflecting a
9.25 ratio of Maximum Drawdown to Mean Deviation. Ascom Holding AG's Maximum Drawdown exceeds Mean Deviation by a factor of
9.25 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.
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