AdvisorShares Dorsey Mean Deviation
| AADR ETF | | | USD 85.66 -0.09 -0.10% |
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. Below is AdvisorShares Dorsey's current Mean Deviation with peer comparisons and related risk metrics.
Current Mean Deviation Value
At 1.4, AdvisorShares Dorsey exhibits moderate price variability in Mean Deviation. This places AdvisorShares Dorsey within the typical volatility range for ETF.
Mean Deviation | = | SUM(RET DEV)N |
| = | 1.4 | |
| SUM | = | Summation notation |
| RET DEV | = | Sum of return deviations of AdvisorShares Dorsey |
| N | = | Number of calculation points for selected time horizon |
Mean Deviation Peers Comparison
Relative to peers, AdvisorShares Dorsey's Mean Deviation is above the group average of 0.91. Peer readings range from 0.4669 (Collaborative Investment Series) to 1.32 (Xtrackers Emerging Markets), reflecting moderate dispersion across the sector. AdvisorShares Dorsey has exhibited greater price dispersion than the peer average over the measured period.
Mean Deviation Relative To Other Indicators
The chart below plots Mean Deviation against Maximum Drawdown for AdvisorShares Dorsey and its peers. Each point represents one equity — position along the horizontal axis shows Mean Deviation while the vertical axis shows Maximum Drawdown. Equities that cluster in different quadrants carry distinct risk-return profiles. Use the dropdowns to swap in other indicators for either axis.
AdvisorShares Dorsey's Mean Deviation reads
1.40 while Maximum Drawdown reads
9.30 , a
6.66 ratio between the two. This indicates Maximum Drawdown substantially exceeds Mean Deviation for AdvisorShares Dorsey.
Methodology, Assumptions & Data Sources
AdvisorShares Dorsey's Mean Deviation currently stands at 1.4. Mean Deviation for AdvisorShares Dorsey is derived by applying a defined formula to historical price observations, producing a time-series of comparable readings. All inputs are based on exchange-reported closing prices, with adjustments for stock splits, dividends, and other corporate actions. Results are based on historical returns and do not predict future performance. This indicator is provided for informational purposes.
Other Technical Indicators