Lifestance Health Mean Deviation
| LFST Stock | | | USD 6.58 0.13 2.02% |
Reference data associated with the Mean Deviation technical indicator for Lifestance Health Group. Additional screening context is available through
Equity Screeners.
Lifestance Health Group has current Mean Deviation of 1.4. 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 |
| = | 1.4 | |
| SUM | = | Summation notation |
| RET DEV | = | Sum of return deviations of Lifestance Health |
| N | = | Number of calculation points for selected time horizon |
Mean Deviation Peers Comparison
Mean Deviation Relative To Other Indicators
Lifestance Health Group is rated
below average in mean deviation relative to competitors. It is currently under evaluation in maximum drawdown relative to competitors yielding
7.51 of Maximum Drawdown per Mean Deviation. For Lifestance Health Group, Maximum Drawdown stands at
7.51 times 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.
Compare Lifestance Health to Peers
Other Technical Indicators