Hoth Therapeutics Mean Deviation
| HOTH Stock | | | USD 0.67 -0.02 -2.90% |
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 Hoth Therapeutics's current Mean Deviation with peer comparisons and related risk metrics.
Current Mean Deviation Value
At 4.34, Hoth Therapeutics's Mean Deviation indicates elevated price variability. This places Hoth Therapeutics toward the higher end of the volatility range for Stock.
Mean Deviation | = | SUM(RET DEV)N |
| = | 4.34 | |
| SUM | = | Summation notation |
| RET DEV | = | Sum of return deviations of Hoth Therapeutics |
| N | = | Number of calculation points for selected time horizon |
Mean Deviation Peers Comparison
The peer group averages 5.21 for Mean Deviation, with Hoth Therapeutics at 4.34 falling below that level. Readings span 2.97 (Briacell Therapeutics Corp) to 8.9 (Aspire BioPharma). Hoth Therapeutics 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 Hoth Therapeutics 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
4.34 for Mean Deviation and
48.52 for Maximum Drawdown, Hoth Therapeutics's cross-indicator ratio sits almost
11.19 . This indicates Maximum Drawdown substantially exceeds Mean Deviation for Hoth Therapeutics.
Methodology, Assumptions & Data Sources
Hoth Therapeutics has a current Mean Deviation reading of 4.34. Mean Deviation for Hoth Therapeutics is derived by applying a defined formula to historical price observations, producing a time-series of comparable readings. All inputs are based on exchange-reported closing prices, with adjustments for stock splits, dividends, and other corporate actions. The output reflects the selected calculation window — changing the horizon will produce different readings. This stock metric is provided for analytical reference.
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