IPower Mean Deviation
| IPW ETF | | | USD 0.83 0.001 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 IPower's current Mean Deviation with peer comparisons and related risk metrics.
Current Mean Deviation Value
At 4.75, IPower exhibits elevated price variability in Mean Deviation. This places IPower toward the higher end of the volatility range for ETF.
Mean Deviation | = | SUM(RET DEV)N |
| = | 4.75 | |
| SUM | = | Summation notation |
| RET DEV | = | Sum of return deviations of IPower |
| N | = | Number of calculation points for selected time horizon |
Mean Deviation Peers Comparison
Relative to peers, IPower's Mean Deviation is below the group average of 7.07. Peer readings range from 3.75 (Reborn Coffee) to 18.45 (U Power Limited), reflecting wide dispersion across the sector. IPower 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 IPower 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.
IPower produces
9.31 in Maximum Drawdown for each unit of Mean Deviation, with respective readings of
44.26 and
4.75 . This indicates Maximum Drawdown substantially exceeds Mean Deviation for IPower.
Methodology, Assumptions & Data Sources
The current Mean Deviation for IPower is 4.75. This Mean Deviation reading for IPower results from applying the indicator's calculation rules to price and volume data over the selected window. All inputs are based on exchange-reported closing prices, with adjustments for stock splits, dividends, and other corporate actions. Results are based on historical returns and do not predict future performance. This indicator is provided for informational purposes.
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