Dreyfus Midcap Mean Deviation
| DMIDX Fund | | | USD 29.70 0.38 1.30% |
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 Dreyfus Midcap's current Mean Deviation with peer comparisons and related risk metrics.
Current Mean Deviation Value
A Mean Deviation of 0.8463 for Dreyfus Midcap signals low price variability. This places Dreyfus Midcap at the lower end of the volatility range for Mutual Fund Funds.
Mean Deviation | = | SUM(RET DEV)N |
| = | 0.8463 | |
| SUM | = | Summation notation |
| RET DEV | = | Sum of return deviations of Dreyfus Midcap |
| N | = | Number of calculation points for selected time horizon |
Mean Deviation Peers Comparison
Dreyfus Midcap falls above the 0.84 peer average for Mean Deviation. Mid Cap Growth leads at 1.13 while Janus High Yield Fund registers the lowest at 0.2437. Dreyfus Midcap 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 Dreyfus Midcap 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.
Dreyfus Midcap's Maximum Drawdown of
5.43 runs about
6.41 times its Mean Deviation of
0.85 . This indicates Maximum Drawdown substantially exceeds Mean Deviation for Dreyfus Midcap.
Methodology, Assumptions & Data Sources
The current Mean Deviation for Dreyfus Midcap is 0.8463. Dreyfus Midcap'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. All inputs are based on exchange-reported closing prices, with adjustments for stock splits, dividends, and other 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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