Alliance Entertainment Mean Deviation
| AENT Stock | | | 7.32 -0.08 -1.08% |
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 Alliance Entertainment's current Mean Deviation with peer comparisons and related risk metrics.
Current Mean Deviation Value
Alliance Entertainment registers a Mean Deviation of 3.06, reflecting moderate price variability. This places Alliance Entertainment within the typical volatility range for Stock.
Mean Deviation | = | SUM(RET DEV)N |
| = | 3.06 | |
| SUM | = | Summation notation |
| RET DEV | = | Sum of return deviations of Alliance Entertainment |
| N | = | Number of calculation points for selected time horizon |
Mean Deviation Peers Comparison
Alliance Entertainment's Mean Deviation of 3.06 falls below the 3.13 peer average. Values range from 1.72 (Marcus) to 4.64 (Thryv Holdings), with moderate dispersion across the group. Alliance Entertainment 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 Alliance Entertainment 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.
Comparing Mean Deviation (
3.06 ) to Maximum Drawdown (
23.90 ) for Alliance Entertainment yields a
7.81 multiple. This indicates Maximum Drawdown substantially exceeds Mean Deviation for Alliance Entertainment.
Methodology, Assumptions & Data Sources
Alliance Entertainment's Mean Deviation currently stands at 3.06. The Mean Deviation for Alliance Entertainment is produced by transforming raw price history into a standardized measure according to the indicator's defined methodology. 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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