IHS Holding Mean Deviation
| IHS Stock | | | USD 8.24 0.01 0.12% |
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 IHS Holding's current Mean Deviation with peer comparisons and related risk metrics.
Current Mean Deviation Value
IHS Holding has a Mean Deviation of 0.6786, indicating low price variability. This places IHS Holding at the lower end of the volatility range for Diversified Telecommunication Services.
Mean Deviation | = | SUM(RET DEV)N |
| = | 0.6786 | |
| SUM | = | Summation notation |
| RET DEV | = | Sum of return deviations of IHS Holding |
| N | = | Number of calculation points for selected time horizon |
Mean Deviation Peers Comparison
Among sector peers, IHS Holding's Mean Deviation of 0.6786 is below the 2.25 group average. The range runs from 0.4973 (Liberty Broadband Corp) to 4.36 (Cogent Communications Group). IHS Holding 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 IHS Holding 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.
Comparing Mean Deviation (
0.68 ) to Maximum Drawdown (
7.33 ) for IHS Holding yields a
10.79 multiple. This indicates Maximum Drawdown substantially exceeds Mean Deviation for IHS Holding.
Methodology, Assumptions & Data Sources
IHS Holding's Mean Deviation currently stands at 0.6786. Mean Deviation for IHS Holding 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. IHS Holding operates in the communication services sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. Indicator accuracy depends on data continuity across the calculation period. Gaps in trading history may affect the output.
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