Swiss Re Mean Deviation
| SSREF Stock | | | USD 159.35 -8.65 -5.15% |
This dataset for Swiss Re AG reflects inputs used in the Mean Deviation calculation. Extended technical indicator views are accessible through
Equity Screeners. Swiss Re has a market cap of 29.73 B, operating margin of 0.44%, current ratio of 0.4. Review
World Market Map for broader portfolio context. Swiss Re AG can be included in a portfolio to evaluate diversification impact. The dataset reflects available inputs without directional implication. Broader economic conditions can influence Swiss Re AG's company valuation — related indicators include
signals in median.
Swiss Re AG has current Mean Deviation of 1.05. 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 |
| = | 1.05 | |
| SUM | = | Summation notation |
| RET DEV | = | Sum of return deviations of Swiss Re |
| N | = | Number of calculation points for selected time horizon |
Mean Deviation Peers Comparison
Mean Deviation Relative To Other Indicators
Swiss Re AG is rated
below average in mean deviation across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set at roughly
7.19 Maximum Drawdown per unit of Mean Deviation. Swiss Re AG carries a
7.19 x Maximum Drawdown-to-Mean Deviation ratio
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.
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