AdvisorShares Hotel Mean Deviation
| BEDZ ETF | | | USD 34.16 0.60 1.79% |
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 AdvisorShares Hotel's current Mean Deviation with peer comparisons and related risk metrics.
Current Mean Deviation Value
AdvisorShares Hotel's Mean Deviation of 1.16 reflects moderate price variability. This places AdvisorShares Hotel within the typical volatility range for ETF.
Mean Deviation | = | SUM(RET DEV)N |
| = | 1.16 | |
| SUM | = | Summation notation |
| RET DEV | = | Sum of return deviations of AdvisorShares Hotel |
| N | = | Number of calculation points for selected time horizon |
Mean Deviation Peers Comparison
Among sector peers, AdvisorShares Hotel's Mean Deviation of 1.16 is above the 0.93 group average. The range runs from 0.3282 (KraneShares Trust) to 1.28 (First Trust Nasdaq). AdvisorShares Hotel 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 AdvisorShares Hotel 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.
AdvisorShares Hotel's Maximum Drawdown of
6.53 runs about
5.61 times its Mean Deviation of
1.16 . This indicates Maximum Drawdown substantially exceeds Mean Deviation for AdvisorShares Hotel.
Methodology, Assumptions & Data Sources
AdvisorShares Hotel's Mean Deviation currently stands at 1.16. AdvisorShares Hotel's Mean Deviation is computed from historical closing prices over the selected time horizon, applying the indicator's defined mathematical transformation to raw price data. Price data is sourced from standardized end-of-day feeds across supported exchanges, normalized for corporate actions. 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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