IShares MSCI Mean Deviation
| GLOF ETF | | | 58.40 0.93 1.62% |
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 IShares MSCI's current Mean Deviation with peer comparisons and related risk metrics.
Current Mean Deviation Value
IShares MSCI registers a Mean Deviation of 0.8503, reflecting low price variability. This places IShares MSCI at the lower end of the volatility range for ETF.
Mean Deviation | = | SUM(RET DEV)N |
| = | 0.8503 | |
| SUM | = | Summation notation |
| RET DEV | = | Sum of return deviations of IShares MSCI |
| N | = | Number of calculation points for selected time horizon |
Mean Deviation Peers Comparison
IShares MSCI's Mean Deviation of 0.8503 falls below the 1.04 peer average. Values range from 0.3793 (Innovator Russell 2000) to 2.58 (US Global GO), with wide dispersion across the group. IShares MSCI 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 IShares MSCI 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.
IShares MSCI records a Mean Deviation of
0.85 and a Maximum Drawdown of
4.27 , yielding roughly
5.03 units of Maximum Drawdown per Mean Deviation. This indicates Maximum Drawdown substantially exceeds Mean Deviation for IShares MSCI.
Methodology, Assumptions & Data Sources
IShares MSCI has a current Mean Deviation reading of 0.8503. This Mean Deviation reading for IShares MSCI 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. Values are specific to the selected time horizon and may differ across measurement periods. This indicator does not constitute investment advice.
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