JANUS FORTY Mean Deviation
| JARTX Fund | | | USD 52.92 0.22 0.42% |
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 JANUS FORTY's current Mean Deviation with peer comparisons and related risk metrics.
Current Mean Deviation Value
JANUS FORTY's Mean Deviation of 1.09 reflects moderate price variability. This places JANUS FORTY within the typical volatility range for Mutual Fund Funds.
Mean Deviation | = | SUM(RET DEV)N |
| = | 1.09 | |
| SUM | = | Summation notation |
| RET DEV | = | Sum of return deviations of JANUS FORTY |
| N | = | Number of calculation points for selected time horizon |
Mean Deviation Peers Comparison
Among sector peers, JANUS FORTY's Mean Deviation of 1.09 is above the 0.72 group average. The range runs from 0.3461 (JPMorgan Hedged Equity) to 1.01 (Vanguard Explorer Fund). JANUS FORTY has exhibited greater 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 Janus Forty 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.
JANUS FORTY's Maximum Drawdown of
5.80 runs about
5.34 times its Mean Deviation of
1.09 . This indicates Maximum Drawdown substantially exceeds Mean Deviation for JANUS FORTY.
Methodology, Assumptions & Data Sources
JANUS FORTY has a current Mean Deviation reading of 1.09. This Mean Deviation reading for JANUS FORTY results from applying the indicator's calculation rules to price and volume data over the selected window. Inputs are drawn from end-of-day closing prices reported by supported exchanges, adjusted for splits and dividends where applicable. JANUS FORTY operates in the large growth funds sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. 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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