EuroDry Mean Deviation
| EDRY Stock | | | USD 22.17 -0.01 -0.05% |
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 EuroDry's current Mean Deviation with peer comparisons and related risk metrics.
Current Mean Deviation Value
EuroDry has a Mean Deviation of 4.19, indicating elevated price variability. This places EuroDry toward the higher end of the volatility range for Stock.
Mean Deviation | = | SUM(RET DEV)N |
| = | 4.19 | |
| SUM | = | Summation notation |
| RET DEV | = | Sum of return deviations of EuroDry |
| N | = | Number of calculation points for selected time horizon |
Mean Deviation Peers Comparison
Among sector peers, EuroDry's Mean Deviation of 4.19 is below the 5.33 group average. The range runs from 2.62 (Orion Energy Systems) to 12.07 (Caravelle International Group). EuroDry 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 EuroDry 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.
EuroDry's Maximum Drawdown of
22.92 runs about
5.48 times its Mean Deviation of
4.19 . This indicates Maximum Drawdown substantially exceeds Mean Deviation for EuroDry.
Methodology, Assumptions & Data Sources
The current Mean Deviation for EuroDry is 4.19. The Mean Deviation for EuroDry 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. 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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