TD Active Mean Deviation
The Mean Deviation calculation for TD Active draws on price and volume history. Data availability for the calculation period determines indicator completeness.
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World Market Map to explore diversified allocation structure. The construction of a diversified portfolio involves managing position exposure. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as
signals in inflation.
TD Active Preferred has current Mean Deviation of 0. 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 | |
| SUM | = | Summation notation |
| RET DEV | = | Sum of return deviations of TD Active |
| N | = | Number of calculation points for selected time horizon |
Mean Deviation Peers Comparison
Mean Deviation Relative To Other Indicators
TD Active Preferred is rated
below average in mean deviation against similar ETFs. It is currently under evaluation in maximum drawdown against similar ETFs .
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.