Business First Mean Deviation
| BFST Stock | | | USD 27.68 0.10 0.36% |
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 Business First's current Mean Deviation with peer comparisons and related risk metrics.
Current Mean Deviation Value
Business First's Mean Deviation of 1.11 reflects moderate price variability. This places Business First within the typical volatility range for Regional Banks.
Mean Deviation | = | SUM(RET DEV)N |
| = | 1.11 | |
| SUM | = | Summation notation |
| RET DEV | = | Sum of return deviations of Business First |
| N | = | Number of calculation points for selected time horizon |
Mean Deviation Peers Comparison
Among sector peers, Business First's Mean Deviation of 1.11 is below the 1.14 group average. The range runs from 0.916 (HomeTrust Bancshares) to 1.41 (Metropolitan Bank Holding). Business First 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 Business First 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 (
1.11 ) to Maximum Drawdown (
8.30 ) for Business First yields a
7.48 multiple. This indicates Maximum Drawdown substantially exceeds Mean Deviation for Business First.
Methodology, Assumptions & Data Sources
The current Mean Deviation for Business First is 1.11. The Mean Deviation for Business First is produced by transforming raw price history into a standardized measure according to the indicator's defined methodology. All inputs are based on exchange-reported closing prices, with adjustments for stock splits, dividends, and other corporate actions. Business First operates in the financial services sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. The output reflects the selected calculation window — changing the horizon will produce different readings. This stock metric is provided for analytical reference.
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