US GOVERNMENT Mean Deviation
| GVPIX Fund | | | USD 31.47 -0.20 -0.63% |
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 US GOVERNMENT's current Mean Deviation with peer comparisons and related risk metrics.
Current Mean Deviation Value
US GOVERNMENT has a Mean Deviation of 0.5798, indicating low price variability. This places US GOVERNMENT at the lower end of the volatility range for Mutual Fund Funds.
Mean Deviation | = | SUM(RET DEV)N |
| = | 0.5798 | |
| SUM | = | Summation notation |
| RET DEV | = | Sum of return deviations of US GOVERNMENT |
| N | = | Number of calculation points for selected time horizon |
Mean Deviation Peers Comparison
Among sector peers, US GOVERNMENT's Mean Deviation of 0.5798 is below the 0.59 group average. The range runs from 0.0744 (Rreef Property Trust) to 1.09 (Real Estate Ultrasector). US GOVERNMENT 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 Us Government 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.
US GOVERNMENT's Maximum Drawdown of
3.81 runs about
6.58 times its Mean Deviation of
0.58 . This indicates Maximum Drawdown substantially exceeds Mean Deviation for US GOVERNMENT.
Methodology, Assumptions & Data Sources
US GOVERNMENT's Mean Deviation currently stands at 0.5798. This Mean Deviation reading for US GOVERNMENT results from applying the indicator's calculation rules to price and volume data over the selected window. Data sources include daily closing prices from supported exchanges, with standard corporate action adjustments applied. 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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