Goldman Sachs Mean Deviation
| GLOVDelisted ETF | | | USD 61.46 0.25 0.41% |
Mean Deviation readings for Goldman Sachs ActiveBeta are presented with current values, historical context, and comparative peer data. The reading is most informative when compared against the instrument's own historical range. Supplemental context on Goldman Sachs is available through
Goldman Sachs Volatility and
Goldman Sachs Price History.
Current Mean Deviation Value
A Mean Deviation of 0.7353 for Goldman Sachs signals low price variability. This places Goldman Sachs at the lower end of the volatility range for ETF.
Mean Deviation | = | SUM(RET DEV)N |
| = | 0.7353 | |
| SUM | = | Summation notation |
| RET DEV | = | Sum of return deviations of Goldman Sachs |
| N | = | Number of calculation points for selected time horizon |
Mean Deviation Peers Comparison
The peer group averages 0.95 for Mean Deviation, with Goldman Sachs at 0.7353 falling below that level. Readings span 0.6406 (Hartford Multifactor Developed) to 1.72 (Global X Lithium). Goldman Sachs 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 Goldman Sachs 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.
Goldman Sachs produces
5.35 in Maximum Drawdown for each unit of Mean Deviation, with respective readings of
3.94 and
0.74 . This indicates Maximum Drawdown substantially exceeds Mean Deviation for Goldman Sachs.
Methodology, Assumptions & Data Sources
Goldman Sachs' Mean Deviation currently stands at 0.7353. This Mean Deviation reading for Goldman Sachs results from applying the indicator's calculation rules to price and volume data over the selected window. Price data is sourced from standardized end-of-day feeds across supported exchanges, normalized for corporate actions. 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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