Evaluator Moderate Mean Deviation
| EVMLX Fund | | | USD 12.22 0.17 1.41% |
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 Evaluator Moderate's current Mean Deviation with peer comparisons and related risk metrics.
Current Mean Deviation Value
At 0.6724, Evaluator Moderate exhibits low price variability in Mean Deviation. This places Evaluator Moderate at the lower end of the volatility range for Mutual Fund Funds.
Mean Deviation | = | SUM(RET DEV)N |
| = | 0.6724 | |
| SUM | = | Summation notation |
| RET DEV | = | Sum of return deviations of Evaluator Moderate |
| N | = | Number of calculation points for selected time horizon |
Mean Deviation Peers Comparison
Evaluator Moderate's Mean Deviation of 0.6724 falls above the 0.27 peer average. Values range from 0.1005 (Versatile Bond Portfolio) to 0.5821 (Voya Corporate Leaders), with wide dispersion across the group. Evaluator Moderate 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 Evaluator Moderate 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.
Evaluator Moderate's Maximum Drawdown of
3.70 runs about
5.51 times its Mean Deviation of
0.67 . This indicates Maximum Drawdown substantially exceeds Mean Deviation for Evaluator Moderate.
Methodology, Assumptions & Data Sources
Evaluator Moderate's Mean Deviation currently stands at 0.6724. The Mean Deviation for Evaluator Moderate applies a standardized calculation to daily closing prices and, where applicable, volume data across the selected period. The underlying data comes from exchange-reported daily closes with corporate action adjustments applied where relevant. 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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