CYBER HORNET Mean Deviation
| BBB ETF | | | 30.44 -0.22 -0.72% |
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 CYBER HORNET's current Mean Deviation with peer comparisons and related risk metrics.
Current Mean Deviation Value
CYBER HORNET has a Mean Deviation of 1.03, indicating moderate price variability. This places CYBER HORNET within the typical volatility range for ETF.
Mean Deviation | = | SUM(RET DEV)N |
| = | 1.03 | |
| SUM | = | Summation notation |
| RET DEV | = | Sum of return deviations of CYBER HORNET |
| N | = | Number of calculation points for selected time horizon |
Mean Deviation Peers Comparison
Among sector peers, CYBER HORNET's Mean Deviation of 1.03 is below the 1.23 group average. The range runs from 0.2598 (Gammaroad Market Navigation) to 4.37 (Direxion Daily Crypto). CYBER HORNET 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 CYBER HORNET 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.
CYBER HORNET's Maximum Drawdown of
5.80 runs about
5.61 times its Mean Deviation of
1.03 . This indicates Maximum Drawdown substantially exceeds Mean Deviation for CYBER HORNET.
Methodology, Assumptions & Data Sources
CYBER HORNET has a current Mean Deviation reading of 1.03. Mean Deviation for CYBER HORNET is derived by applying a defined formula to historical price observations, producing a time-series of comparable readings. Inputs are drawn from end-of-day closing prices reported by supported exchanges, adjusted for splits and dividends where applicable. The output reflects the selected calculation window — changing the horizon will produce different readings. This ETF metric is provided for analytical reference.
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