Guardant Health Mean Deviation
| GH Stock | | | USD 91.52 2.00 2.23% |
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 Guardant Health's current Mean Deviation with peer comparisons and related risk metrics.
Current Mean Deviation Value
Guardant Health's Mean Deviation of 2.61 reflects moderate price variability. This places Guardant Health within the typical volatility range for Stock.
Mean Deviation | = | SUM(RET DEV)N |
| = | 2.61 | |
| SUM | = | Summation notation |
| RET DEV | = | Sum of return deviations of Guardant Health |
| N | = | Number of calculation points for selected time horizon |
Mean Deviation Peers Comparison
Among sector peers, Guardant Health's Mean Deviation of 2.61 is below the 7.9 group average. The range runs from 1.39 (Ionis Pharmaceuticals) to 38.45 (EXACT Sciences). Guardant Health 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 Guardant Health 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.
At
2.61 for Mean Deviation and
16.99 for Maximum Drawdown, Guardant Health's cross-indicator ratio sits almost
6.52 . This indicates Maximum Drawdown substantially exceeds Mean Deviation for Guardant Health.
Methodology, Assumptions & Data Sources
Guardant Health has a current Mean Deviation reading of 2.61. This Mean Deviation reading for Guardant Health results from applying the indicator's calculation rules to price and volume data over the selected window. The underlying data comes from exchange-reported daily closes with corporate action adjustments applied where relevant. The calculation assumes continuous price data across the selected period. All readings are presented as reference data.
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