Rhinebeck Bancorp Mean Deviation
| RBKB Stock | | | USD 15.57 0.08 0.52% |
The Mean Deviation profile for Rhinebeck Bancorp is based on historical price and volume observations. The
Equity Screeners framework provides wider technical analysis context. Rhinebeck Bancorp has a market cap of 172.56 M, operating margin of 23.91%. Portfolio-level context is available through
Your Equity Center. Tracking Rhinebeck Bancorp in a portfolio helps measure its contribution to overall performance. Allocation tools help determine appropriate position sizing. Broader economic conditions can influence Rhinebeck Bancorp's company valuation — related indicators include
signals in industry.
For background on Rhinebeck Stock, review our
How to Trade Rhinebeck Stock resource. This guide walks you through the practical steps for investing in Rhinebeck Bancorp.
Rhinebeck Bancorp has current Mean Deviation of 1.79. 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 |
| = | 1.79 | |
| SUM | = | Summation notation |
| RET DEV | = | Sum of return deviations of Rhinebeck Bancorp |
| N | = | Number of calculation points for selected time horizon |
Mean Deviation Peers Comparison
Mean Deviation Relative To Other Indicators
Rhinebeck Bancorp is rated
second in mean deviation among leading competitors. It is currently under evaluation in maximum drawdown among leading competitors reporting about
15.77 of Maximum Drawdown per Mean Deviation. At
15.77 , Rhinebeck Bancorp'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.
Compare Rhinebeck Bancorp to Peers
Other Technical Indicators