Ameris Bancorp Mean Deviation
| ABCB Stock | | | USD 86.33 -0.93 -1.07% |
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 Ameris Bancorp's current Mean Deviation with peer comparisons and related risk metrics.
Current Mean Deviation Value
With Mean Deviation at 1.05, Ameris Bancorp shows moderate price variability. This places Ameris Bancorp within the typical volatility range for Stock.
Mean Deviation | = | SUM(RET DEV)N |
| = | 1.05 | |
| SUM | = | Summation notation |
| RET DEV | = | Sum of return deviations of Ameris Bancorp |
| N | = | Number of calculation points for selected time horizon |
Mean Deviation Peers Comparison
Ameris Bancorp falls below the 1.44 peer average for Mean Deviation. Grupo Aval leads at 2.67 while United Bankshares registers the lowest at 1.01. Ameris Bancorp has exhibited less 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 Ameris Bancorp 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.
Ameris Bancorp's Maximum Drawdown of
7.97 runs about
7.56 times its Mean Deviation of
1.05 . This indicates Maximum Drawdown substantially exceeds Mean Deviation for Ameris Bancorp.
Methodology, Assumptions & Data Sources
Ameris Bancorp's Mean Deviation currently stands at 1.05. This Mean Deviation reading for Ameris Bancorp results from applying the indicator's calculation rules to price and volume data over the selected window. Inputs are drawn from end-of-day closing prices reported by supported exchanges, adjusted for splits and dividends where applicable. Results are based on historical returns and do not predict future performance. This indicator is provided for informational purposes.
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