Gelteq Limited Mean Deviation
| GELS Stock | | | 0.47 -0.0001 -0.02% |
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 Gelteq Limited's current Mean Deviation with peer comparisons and related risk metrics.
Current Mean Deviation Value
The current Mean Deviation of 3.78 places Gelteq Limited at moderate price variability. This places Gelteq Limited within the typical volatility range for Pharmaceuticals.
Mean Deviation | = | SUM(RET DEV)N |
| = | 3.78 | |
| SUM | = | Summation notation |
| RET DEV | = | Sum of return deviations of Gelteq Limited |
| N | = | Number of calculation points for selected time horizon |
Mean Deviation Peers Comparison
Gelteq Limited falls below the 3.92 peer average for Mean Deviation. Bullfrog AI Holdings leads at 8.5 while Aytu BioScience registers the lowest at 2.05. Gelteq Limited 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 Gelteq Limited 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 (
3.78 ) to Maximum Drawdown (
36.31 ) for Gelteq Limited yields a
9.61 multiple. This indicates Maximum Drawdown substantially exceeds Mean Deviation for Gelteq Limited.
Methodology, Assumptions & Data Sources
Gelteq Limited's Mean Deviation currently stands at 3.78. This Mean Deviation reading for Gelteq Limited results from applying the indicator's calculation rules to price and volume data over the selected window. Inputs are drawn from end-of-day closing prices reported by supported exchanges, adjusted for splits and dividends where applicable. Gelteq Limited operates in the health care sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. Values are specific to the selected time horizon and may differ across measurement periods. This indicator does not constitute investment advice.
Other Technical Indicators