Series Portfolios Mean Deviation
| ADPV ETF | | | USD 46.16 0.09 0.20% |
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 Series Portfolios's current Mean Deviation with peer comparisons and related risk metrics.
Current Mean Deviation Value
The current Mean Deviation of 1.22 places Series Portfolios at moderate price variability. This places Series Portfolios within the typical volatility range for ETF.
Mean Deviation | = | SUM(RET DEV)N |
| = | 1.22 | |
| SUM | = | Summation notation |
| RET DEV | = | Sum of return deviations of Series Portfolios |
| N | = | Number of calculation points for selected time horizon |
Mean Deviation Peers Comparison
Series Portfolios falls above the 0.95 peer average for Mean Deviation. SPDR SAMPP Telecom leads at 1.75 while AllianzIM Equity Buffer20 registers the lowest at 0.2809. Series Portfolios 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 Series Portfolios 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.
Series Portfolios produces
6.39 in Maximum Drawdown for each unit of Mean Deviation, with respective readings of
7.82 and
1.22 . This indicates Maximum Drawdown substantially exceeds Mean Deviation for Series Portfolios.
Methodology, Assumptions & Data Sources
The current Mean Deviation for Series Portfolios is 1.22. The Mean Deviation for Series Portfolios 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. Values are specific to the selected time horizon and may differ across measurement periods. This indicator does not constitute investment advice.
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