IShares Treasury Mean Deviation
| IBTM Etf | | | USD 174.92 -0.52 -0.30% |
The Mean Deviation lookup presents technical context for iShares Treasury Bond and related instruments. Availability can vary by instrument;
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Risk vs Return Analysis provides context for diversified portfolio design. Refined allocation visibility enhances overall portfolio context. The allocation includes a position in iShares Treasury Bond within the allocation view. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as
signals in inflation.
iShares Treasury Bond has current Mean Deviation of 0.1992. 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 |
| = | 0.1992 | |
| SUM | = | Summation notation |
| RET DEV | = | Sum of return deviations of IShares Treasury |
| N | = | Number of calculation points for selected time horizon |
IShares Treasury Mean Deviation Peers Comparison
IShares 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
5.51 ratio of Maximum Drawdown to 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 will always be 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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