SFS Group Mean Deviation
| SFSN Stock | | | CHF 117.20 -1.20 -1.01% |
Observed values used to calculate the Mean Deviation technical indicator for SFS Group AG. Coverage may vary depending on data feeds and normalization methods.
SFS Group AG has current Mean Deviation of 1.17. 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 |
| = | 1.17 | |
| SUM | = | Summation notation |
| RET DEV | = | Sum of return deviations of SFS Group |
| N | = | Number of calculation points for selected time horizon |
SFS Group Mean Deviation Peers Comparison
SFS Mean Deviation Relative To Other Indicators
SFS Group AG is rated
below average for mean deviation across the peer group. It is currently under evaluation for maximum drawdown across the peer group reflecting a
7.94 ratio of Maximum Drawdown to Mean Deviation. SFS Group AG's Maximum Drawdown exceeds Mean Deviation by a factor of
7.94 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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