JB Hunt Mean Deviation
| JBHT Stock | | | USD 242.19 -3.86 -1.57% |
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 JB Hunt's current Mean Deviation with peer comparisons and related risk metrics.
Current Mean Deviation Value
JB Hunt registers a Mean Deviation of 1.66, reflecting moderate price variability. This places JB Hunt within the typical volatility range for Stock.
Mean Deviation | = | SUM(RET DEV)N |
| = | 1.66 | |
| SUM | = | Summation notation |
| RET DEV | = | Sum of return deviations of JB Hunt |
| N | = | Number of calculation points for selected time horizon |
Mean Deviation Peers Comparison
JB Hunt's Mean Deviation of 1.66 falls below the 1.97 peer average. Values range from 1.27 (ZTO Express) to 2.5 (Southwest Airlines), with moderate dispersion across the group. JB Hunt 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 JB Hunt 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 (
1.66 ) to Maximum Drawdown (
10.49 ) for JB Hunt yields a
6.32 multiple. This indicates Maximum Drawdown substantially exceeds Mean Deviation for JB Hunt.
Methodology, Assumptions & Data Sources
JB Hunt's Mean Deviation currently stands at 1.66. JB Hunt's Mean Deviation is computed from historical closing prices over the selected time horizon, applying the indicator's defined mathematical transformation to raw price data. The underlying data comes from exchange-reported daily closes with corporate action adjustments applied where relevant. The calculation assumes continuous price data across the selected period. All readings are presented as reference data.
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