American Balanced Mean Deviation
| AFMBX Fund | | | USD 40.34 0.34 0.85% |
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 American Balanced's current Mean Deviation with peer comparisons and related risk metrics.
Current Mean Deviation Value
At 0.5257, American Balanced exhibits low price variability in Mean Deviation. This places American Balanced at the lower end of the volatility range for American Funds.
Mean Deviation | = | SUM(RET DEV)N |
| = | 0.5257 | |
| SUM | = | Summation notation |
| RET DEV | = | Sum of return deviations of American Balanced |
| N | = | Number of calculation points for selected time horizon |
Mean Deviation Peers Comparison
American Balanced's Mean Deviation of 0.5257 falls below the 0.73 peer average. Values range from 0.5335 (Vanguard Target Retirement) to 1.03 (Europacific Growth Fund), with moderate dispersion across the group. American Balanced 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 American Balanced 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.
American Balanced's Maximum Drawdown of
2.95 runs about
5.62 times its Mean Deviation of
0.53 . This indicates Maximum Drawdown substantially exceeds Mean Deviation for American Balanced.
Methodology, Assumptions & Data Sources
American Balanced's Mean Deviation currently stands at 0.5257. The Mean Deviation for American Balanced 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. American Balanced operates in the allocation--50% to 70% equity sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. 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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