Banco Macro Mean Deviation
| BMA Stock | | | USD 74.86 -2.11 -2.74% |
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 Banco Macro's current Mean Deviation with peer comparisons and related risk metrics.
Current Mean Deviation Value
Banco Macro has a Mean Deviation of 2.61, indicating moderate price variability. This places Banco Macro within the typical volatility range for Diversified Banks.
Mean Deviation | = | SUM(RET DEV)N |
| = | 2.61 | |
| SUM | = | Summation notation |
| RET DEV | = | Sum of return deviations of Banco Macro |
| N | = | Number of calculation points for selected time horizon |
Mean Deviation Peers Comparison
Among sector peers, Banco Macro's Mean Deviation of 2.61 is above the 1.37 group average. The range runs from 0.9768 (Prosperity Bancshares) to 2.68 (Grupo Aval). Banco Macro 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 Banco Macro 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.
Banco Macro's Maximum Drawdown of
15.73 runs about
6.02 times its Mean Deviation of
2.61 . This indicates Maximum Drawdown substantially exceeds Mean Deviation for Banco Macro.
Methodology, Assumptions & Data Sources
The current Mean Deviation for Banco Macro is 2.61. Mean Deviation for Banco Macro is derived by applying a defined formula to historical price observations, producing a time-series of comparable readings. All inputs are based on exchange-reported closing prices, with adjustments for stock splits, dividends, and other corporate actions. Banco Macro operates in the financial services sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. 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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