Ea Bridgeway Mean Deviation
| BBLU ETF | | | USD 16.15 -0.03 -0.19% |
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 Ea Bridgeway's current Mean Deviation with peer comparisons and related risk metrics.
Current Mean Deviation Value
Ea Bridgeway's Mean Deviation of 0.6414 reflects low price variability. This places Ea Bridgeway at the lower end of the volatility range for ETF.
Mean Deviation | = | SUM(RET DEV)N |
| = | 0.6414 | |
| SUM | = | Summation notation |
| RET DEV | = | Sum of return deviations of Ea Bridgeway |
| N | = | Number of calculation points for selected time horizon |
Mean Deviation Peers Comparison
Among sector peers, Ea Bridgeway's Mean Deviation of 0.6414 is above the 0.55 group average. The range runs from 0.1876 (TCW Core Plus) to 1.32 (Roundhill Ball Metaverse). Ea Bridgeway 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 Ea Bridgeway 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 (
0.64 ) to Maximum Drawdown (
3.47 ) for Ea Bridgeway yields a
5.41 multiple. This indicates Maximum Drawdown substantially exceeds Mean Deviation for Ea Bridgeway.
Methodology, Assumptions & Data Sources
Ea Bridgeway has a current Mean Deviation reading of 0.6414. The Mean Deviation for Ea Bridgeway 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. 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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