Foreign Trade Mean Deviation
| BLX Stock | | | USD 53.63 0.34 0.64% |
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 Foreign Trade's current Mean Deviation with peer comparisons and related risk metrics.
Current Mean Deviation Value
At 1.15, Foreign Trade exhibits moderate price variability in Mean Deviation. This places Foreign Trade within the typical volatility range for Stock.
Mean Deviation | = | SUM(RET DEV)N |
| = | 1.15 | |
| SUM | = | Summation notation |
| RET DEV | = | Sum of return deviations of Foreign Trade |
| N | = | Number of calculation points for selected time horizon |
Mean Deviation Peers Comparison
Relative to peers, Foreign Trade's Mean Deviation is above the group average of 1.05. Peer readings range from 0.8452 (City Holding) to 1.52 (Merchants Bancorp), reflecting moderate dispersion across the sector. Foreign Trade 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 Foreign Trade 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.
Foreign Trade's Maximum Drawdown of
8.92 runs about
7.76 times its Mean Deviation of
1.15 . This indicates Maximum Drawdown substantially exceeds Mean Deviation for Foreign Trade.
Methodology, Assumptions & Data Sources
Foreign Trade's Mean Deviation currently stands at 1.15. The Mean Deviation for Foreign Trade is produced by transforming raw price history into a standardized measure according to the indicator's defined methodology. Data sources include daily closing prices from supported exchanges, with standard corporate action adjustments applied. Results are based on historical returns and do not predict future performance. This indicator is provided for informational purposes.
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