IShares MSCI Mean Deviation
| EWU ETF | | | USD 46.65 -0.05 -0.11% |
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 IShares MSCI's current Mean Deviation with peer comparisons and related risk metrics.
Current Mean Deviation Value
IShares MSCI carries a Mean Deviation of 0.9857, consistent with low price variability. This places IShares MSCI at the lower end of the volatility range for ETF.
Mean Deviation | = | SUM(RET DEV)N |
| = | 0.9857 | |
| SUM | = | Summation notation |
| RET DEV | = | Sum of return deviations of IShares MSCI |
| N | = | Number of calculation points for selected time horizon |
Mean Deviation Peers Comparison
IShares MSCI's Mean Deviation of 0.9857 falls above the 0.88 peer average. Values range from 0.5953 (iShares Russell Top) to 1.43 (iShares Home Construction), with moderate dispersion across the group. IShares MSCI 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 IShares MSCI 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 (
0.99 ) to Maximum Drawdown (
5.70 ) for IShares MSCI yields a
5.79 multiple. This indicates Maximum Drawdown substantially exceeds Mean Deviation for IShares MSCI.
Methodology, Assumptions & Data Sources
IShares MSCI has a current Mean Deviation reading of 0.9857. The Mean Deviation for IShares MSCI applies a standardized calculation to daily closing prices and, where applicable, volume data across the selected period. Data sources include daily closing prices from supported exchanges, with standard corporate action adjustments applied. 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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