Fidelity Large Mean Deviation
| FCLKX Fund | | | USD 20.35 0.31 1.55% |
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 Fidelity Large's current Mean Deviation with peer comparisons and related risk metrics.
Current Mean Deviation Value
At 0.7811, Fidelity Large exhibits low price variability in Mean Deviation. This places Fidelity Large at the lower end of the volatility range for Mutual Fund Funds.
Mean Deviation | = | SUM(RET DEV)N |
| = | 0.7811 | |
| SUM | = | Summation notation |
| RET DEV | = | Sum of return deviations of Fidelity Large |
| N | = | Number of calculation points for selected time horizon |
Mean Deviation Peers Comparison
Fidelity Large's Mean Deviation of 0.7811 falls above the 0.64 peer average. Values range from 0.0305 (Dfa Two Year Global) to 0.8351 (Northern Global Sustainability), with wide dispersion across the group. Fidelity Large 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 Fidelity Large 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.
Fidelity Large's Maximum Drawdown of
4.31 runs about
5.51 times its Mean Deviation of
0.78 . This indicates Maximum Drawdown substantially exceeds Mean Deviation for Fidelity Large.
Methodology, Assumptions & Data Sources
The current Mean Deviation for Fidelity Large is 0.7811. This Mean Deviation reading for Fidelity Large results from applying the indicator's calculation rules to price and volume data over the selected window. 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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