Diamond Hill Mean Deviation
| DHIL Stock | | | USD 174.99 0.00 0.00% |
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 Diamond Hill's current Mean Deviation with peer comparisons and related risk metrics.
Current Mean Deviation Value
The current Mean Deviation of 0.192 places Diamond Hill at low price variability. This places Diamond Hill at the lower end of the volatility range for Asset Management & Custody Banks.
Mean Deviation | = | SUM(RET DEV)N |
| = | 0.192 | |
| SUM | = | Summation notation |
| RET DEV | = | Sum of return deviations of Diamond Hill |
| N | = | Number of calculation points for selected time horizon |
Mean Deviation Peers Comparison
Diamond Hill falls below the 1.49 peer average for Mean Deviation. ProCap Financial leads at 4.13 while BNY Mellon Strategic registers the lowest at 0.571. Diamond Hill has exhibited less 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 Diamond Hill 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.
The Maximum Drawdown-to-Mean Deviation ratio for Diamond Hill sits near
5.65 , with Mean Deviation at
0.19 and Maximum Drawdown at
1.09 . This indicates Maximum Drawdown substantially exceeds Mean Deviation for Diamond Hill.
Methodology, Assumptions & Data Sources
Diamond Hill's Mean Deviation currently stands at 0.192. Diamond Hill'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. The underlying data comes from exchange-reported daily closes with corporate action adjustments applied where relevant. Diamond Hill operates in the financial services sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. Indicator accuracy depends on data continuity across the calculation period. Gaps in trading history may affect the output.
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