Gabelli MultiMedia Mean Deviation
| GGT Stock | | | USD 4.29 0.09 2.14% |
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 Gabelli MultiMedia's current Mean Deviation with peer comparisons and related risk metrics.
Current Mean Deviation Value
Gabelli MultiMedia registers a Mean Deviation of 0.9835, reflecting low price variability. This places Gabelli MultiMedia at the lower end of the volatility range for Asset Management & Custody Banks.
Mean Deviation | = | SUM(RET DEV)N |
| = | 0.9835 | |
| SUM | = | Summation notation |
| RET DEV | = | Sum of return deviations of Gabelli MultiMedia |
| N | = | Number of calculation points for selected time horizon |
Mean Deviation Peers Comparison
Gabelli MultiMedia's Mean Deviation of 0.9835 falls above the 0.87 peer average. Values range from 0.064 (Dunham Monthly Distribution) to 2.31 (Ocm Mutual Fund), with wide dispersion across the group. Gabelli MultiMedia 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 Gabelli MultiMedia 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 (
0.98 ) to Maximum Drawdown (
5.74 ) for Gabelli MultiMedia yields a
5.83 multiple. This indicates Maximum Drawdown substantially exceeds Mean Deviation for Gabelli MultiMedia.
Methodology, Assumptions & Data Sources
The current Mean Deviation for Gabelli MultiMedia is 0.9835. The Mean Deviation for Gabelli MultiMedia 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. Gabelli MultiMedia operates in the financial services sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. The calculation assumes continuous price data across the selected period. All readings are presented as reference data.
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