Swiss Water Mean Deviation
| SWP Stock | | | CAD 4.52 0.06 1.35% |
This technical indicator view for Mean Deviation organizes signals for Swiss Water Decaffeinated and comparable instruments. Some instruments may have limited coverage due to data differences;
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Swiss Water Decaffeinated has current Mean Deviation of 0.7912. 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 |
| = | 0.7912 | |
| SUM | = | Summation notation |
| RET DEV | = | Sum of return deviations of Swiss Water |
| N | = | Number of calculation points for selected time horizon |
Swiss Water Mean Deviation Peers Comparison
Swiss Mean Deviation Relative To Other Indicators
Swiss Water Decaffeinated is evaluated as
fifth in Mean Deviation in mean deviation category among its top compatitors. It is currently under evaluation. in maximum drawdown category among its top compatitors reporting about
8.10 of Maximum Drawdown per Mean Deviation. The ratio of Maximum Drawdown to Mean Deviation for Swiss Water Decaffeinated is roughly
8.10 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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