WisdomTree Emerging Mean Deviation
| DGS ETF | | | USD 64.23 -1.16 -1.77% |
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 WisdomTree Emerging's current Mean Deviation with peer comparisons and related risk metrics.
Current Mean Deviation Value
A Mean Deviation of 1.08 for WisdomTree Emerging signals moderate price variability. This places WisdomTree Emerging within the typical volatility range for ETF.
Mean Deviation | = | SUM(RET DEV)N |
| = | 1.08 | |
| SUM | = | Summation notation |
| RET DEV | = | Sum of return deviations of WisdomTree Emerging |
| N | = | Number of calculation points for selected time horizon |
Mean Deviation Peers Comparison
The peer group averages 0.94 for Mean Deviation, with WisdomTree Emerging at 1.08 falling above that level. Readings span 0.4799 (WisdomTree Total Dividend) to 1.73 (Freedom 100 Emerging). WisdomTree Emerging 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 WisdomTree Emerging 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 (
1.08 ) to Maximum Drawdown (
6.68 ) for WisdomTree Emerging yields a
6.18 multiple. This indicates Maximum Drawdown substantially exceeds Mean Deviation for WisdomTree Emerging.
Methodology, Assumptions & Data Sources
WisdomTree Emerging's Mean Deviation currently stands at 1.08. The Mean Deviation for WisdomTree Emerging is produced by transforming raw price history into a standardized measure according to the indicator's defined methodology. Price data is sourced from standardized end-of-day feeds across supported exchanges, normalized for corporate actions. Results are based on historical returns and do not predict future performance. This indicator is provided for informational purposes.
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