AB VALUE Mean Deviation
| ABVCX Fund | | | USD 20.51 -0.22 -1.06% |
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 AB VALUE's current Mean Deviation with peer comparisons and related risk metrics.
Current Mean Deviation Value
With Mean Deviation at 0.6472, AB VALUE shows low price variability. This places AB VALUE at the lower end of the volatility range for Mutual Fund Funds.
Mean Deviation | = | SUM(RET DEV)N |
| = | 0.6472 | |
| SUM | = | Summation notation |
| RET DEV | = | Sum of return deviations of AB VALUE |
| N | = | Number of calculation points for selected time horizon |
Mean Deviation Peers Comparison
The peer group averages 0.3 for Mean Deviation, with AB VALUE at 0.6472 falling above that level. Readings span 0.0741 (Delaware Limited Term Diversified) to 0.7446 (Victory Diversified Stock). AB VALUE 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 Ab Value 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.
AB VALUE's Maximum Drawdown of
3.56 runs about
5.50 times its Mean Deviation of
0.65 . This indicates Maximum Drawdown substantially exceeds Mean Deviation for AB VALUE.
Methodology, Assumptions & Data Sources
The current Mean Deviation for AB VALUE is 0.6472. The Mean Deviation for AB VALUE is produced by transforming raw price history into a standardized measure according to the indicator's defined methodology. Data sources include daily closing prices from supported exchanges, with standard corporate action adjustments applied. Indicator accuracy depends on data continuity across the calculation period. Gaps in trading history may affect the output.
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