Foraco International Mean Deviation
| FAR Stock | | | CAD 3.07 0.04 1.32% |
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 Foraco International's current Mean Deviation with peer comparisons and related risk metrics.
Current Mean Deviation Value
Foraco International registers a Mean Deviation of 2.27, reflecting moderate price variability. This places Foraco International within the typical volatility range for Stock.
Mean Deviation | = | SUM(RET DEV)N |
| = | 2.27 | |
| SUM | = | Summation notation |
| RET DEV | = | Sum of return deviations of Foraco International |
| N | = | Number of calculation points for selected time horizon |
Mean Deviation Peers Comparison
Foraco International's Mean Deviation of 2.27 falls below the 3.16 peer average. Values range from 1.94 (Geodrill Limited) to 4.19 (Blue Moon Zinc), with moderate dispersion across the group. Foraco International 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 Foraco International 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.
Foraco International shows nearly
5.43 of Maximum Drawdown per unit of Mean Deviation (
2.27 versus
12.33 ). This indicates Maximum Drawdown substantially exceeds Mean Deviation for Foraco International.
Methodology, Assumptions & Data Sources
The current Mean Deviation for Foraco International is 2.27. The Mean Deviation for Foraco International is produced by transforming raw price history into a standardized measure according to the indicator's defined methodology. Data sources include daily closing prices from supported exchanges, with standard corporate action adjustments applied. The calculation assumes continuous price data across the selected period. All readings are presented as reference data.
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