IShares IBonds Mean Deviation
| IBTO Etf | | | 24.26 -0.18 -0.74% |
Technical inputs supporting the Mean Deviation indicator for iShares iBonds Dec are shown here. Values are derived from historical price and volume observations. Availability can differ across markets, exchanges, and instruments. Use
Risk vs Return Analysis to better understand diversified portfolio construction. The diversification view provides additional analytical depth. Position sizing and allocation together define the portfolio construction approach. The allocation shows a weighting toward iShares iBonds Dec. The position is captured in the allocation summary. Each holding is sized according to the methodology applied to the portfolio. No forward-looking guarantees are expressed or implied by this data. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as
signals in real.
iShares iBonds Dec has current Mean Deviation of 0.1858. 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 |
| = | 0.1858 | |
| SUM | = | Summation notation |
| RET DEV | = | Sum of return deviations of IShares IBonds |
| N | = | Number of calculation points for selected time horizon |
Mean Deviation Peers Comparison
Mean Deviation Relative To Other Indicators
iShares iBonds Dec is rated
below average in mean deviation against similar ETFs. It is currently under evaluation in maximum drawdown against similar ETFs producing
6.34 in Maximum Drawdown for each unit of Mean Deviation. The spread between Maximum Drawdown and Mean Deviation for iShares iBonds Dec sits at
6.34 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.
Compare IShares IBonds to Peers
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