FEDERATED MDT Mean Deviation
| FSTKX Fund | | | USD 35.00 0.07 0.20% |
The Mean Deviation indicator for Federated Mdt Large is derived from observed market data. Exchange-specific data schedules may affect the recency of readings.
Investing Opportunities provides a view into diversified allocation design. All values are based on available data and provided as reference information. Federated Mdt Large can be evaluated within a portfolio framework for weight and risk impact. All figures are based on reported data and are informational in nature. Broader economic conditions can influence Federated Mdt Large's mutual fund valuation — related indicators include
signals in industry.
Federated Mdt Large has current Mean Deviation of 0.5654. 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 |
| = | 0.5654 | |
| SUM | = | Summation notation |
| RET DEV | = | Sum of return deviations of FEDERATED MDT |
| N | = | Number of calculation points for selected time horizon |
Mean Deviation Peers Comparison
Mean Deviation Relative To Other Indicators
Federated Mdt Large is rated
below average in mean deviation among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
6.07 of Maximum Drawdown per Mean Deviation. At
6.07 , Federated Mdt Large's Maximum Drawdown-to-Mean Deviation multiple reflects the spread between these metrics
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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