BP PLC Mean Deviation
| BP Stock | | | USD 43.81 -0.82 -1.84% |
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 BP PLC's current Mean Deviation with peer comparisons and related risk metrics.
Current Mean Deviation Value
BP PLC registers a Mean Deviation of 1.57, reflecting moderate price variability. This places BP PLC within the typical volatility range for Oil, Gas & Consumable Fuels.
Mean Deviation | = | SUM(RET DEV)N |
| = | 1.57 | |
| SUM | = | Summation notation |
| RET DEV | = | Sum of return deviations of BP PLC |
| N | = | Number of calculation points for selected time horizon |
Mean Deviation Peers Comparison
BP PLC's Mean Deviation of 1.57 falls above the 1.48 peer average. Values range from 0.8584 (Enbridge) to 2.25 (Equinor ASA ADR), with moderate dispersion across the group. BP PLC 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 BP PLC 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.
BP PLC's Mean Deviation reads
1.57 while Maximum Drawdown reads
10.66 , a
6.78 ratio between the two. This indicates Maximum Drawdown substantially exceeds Mean Deviation for BP PLC.
Methodology, Assumptions & Data Sources
BP PLC has a current Mean Deviation reading of 1.57. The Mean Deviation for BP PLC applies a standardized calculation to daily closing prices and, where applicable, volume data across the selected period. Inputs are drawn from end-of-day closing prices reported by supported exchanges, adjusted for splits and dividends where applicable. BP PLC operates in the energy 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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