IShares Treasury Mean Deviation
| IBTC Etf | | | CHF 4.63 0.01 0.22% |
The Mean Deviation calculation for IShares Treasury draws on price and volume history. All inputs are based on actual trading observations from supported exchanges. Review
Risk vs Return Analysis for context on portfolio diversification. Portfolio construction reflects how positions are combined across holdings. Portfolio tools allow users to monitor iShares Treasury Bond alongside other positions. Portfolio views show how individual holdings contribute to aggregate returns. Broader economic conditions can influence iShares Treasury Bond's etf valuation — related indicators include
signals in inflation.
iShares Treasury Bond has current Mean Deviation of 0.0932. 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 |
| = | 0.0932 | |
| SUM | = | Summation notation |
| RET DEV | = | Sum of return deviations of IShares Treasury |
| N | = | Number of calculation points for selected time horizon |
Mean Deviation Peers Comparison
Mean Deviation Relative To Other Indicators
iShares Treasury Bond is rated
below average for mean deviation relative to ETF peers. It is currently under evaluation for maximum drawdown relative to ETF peers reflecting a
4.64 ratio of Maximum Drawdown to Mean Deviation. iShares Treasury Bond's Maximum Drawdown exceeds Mean Deviation by a factor of
4.64 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 IShares Treasury to Peers
Other Technical Indicators