Goldman Sachs Mean Deviation
| GSIG ETF | | | USD 47.32 0.00 0.00% |
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 Goldman Sachs's current Mean Deviation with peer comparisons and related risk metrics.
Current Mean Deviation Value
Goldman Sachs has a Mean Deviation of 0.1113, indicating low price variability. This places Goldman Sachs at the lower end of the volatility range for ETF.
Mean Deviation | = | SUM(RET DEV)N |
| = | 0.1113 | |
| 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
Among sector peers, Goldman Sachs's Mean Deviation of 0.1113 is below the 1.96 group average. The range runs from 0.0544 (Vanguard Target Maturity) to 16.37 (Miller Investment Trust). 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 records a Mean Deviation of
0.11 and a Maximum Drawdown of
0.59 , yielding roughly
5.34 units of Maximum Drawdown per Mean Deviation. This indicates Maximum Drawdown substantially exceeds Mean Deviation for Goldman Sachs.
Methodology, Assumptions & Data Sources
Goldman Sachs' Mean Deviation currently stands at 0.1113. The Mean Deviation for Goldman Sachs is produced by transforming raw price history into a standardized measure according to the indicator's defined methodology. Price data is sourced from standardized end-of-day feeds across supported exchanges, normalized for corporate actions. The calculation assumes continuous price data across the selected period. All readings are presented as reference data.
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