Bio Rad Mean Deviation
| BIO Stock | | | USD 257.32 -1.70 -0.66% |
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 Bio Rad's current Mean Deviation with peer comparisons and related risk metrics.
Current Mean Deviation Value
Bio Rad has a Mean Deviation of 1.72, indicating moderate price variability. This places Bio Rad within the typical volatility range for Stock.
Mean Deviation | = | SUM(RET DEV)N |
| = | 1.72 | |
| SUM | = | Summation notation |
| RET DEV | = | Sum of return deviations of Bio Rad |
| N | = | Number of calculation points for selected time horizon |
Mean Deviation Peers Comparison
Among sector peers, Bio Rad's Mean Deviation of 1.72 is above the 1.55 group average. The range runs from 0.3832 (Penumbra) to 2.38 (Charles River Laboratories). Bio Rad 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 Bio Rad 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.
Bio Rad shows nearly
8.13 of Maximum Drawdown per unit of Mean Deviation (
1.72 versus
13.98 ). This indicates Maximum Drawdown substantially exceeds Mean Deviation for Bio Rad.
Methodology, Assumptions & Data Sources
Bio Rad has a current Mean Deviation reading of 1.72. Bio Rad'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. Data sources include daily closing prices from supported exchanges, with standard corporate action adjustments applied. 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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