Allianzim Large Mean Deviation
| MARW ETF | | | 35.72 0.13 0.37% |
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 Allianzim Large's current Mean Deviation with peer comparisons and related risk metrics.
Current Mean Deviation Value
Allianzim Large carries a Mean Deviation of 0.2823, consistent with low price variability. This places Allianzim Large at the lower end of the volatility range for ETF.
Mean Deviation | = | SUM(RET DEV)N |
| = | 0.2823 | |
| SUM | = | Summation notation |
| RET DEV | = | Sum of return deviations of Allianzim Large |
| N | = | Number of calculation points for selected time horizon |
Mean Deviation Peers Comparison
Allianzim Large's Mean Deviation of 0.2823 falls below the 0.5 peer average. Values range from 0.1608 (AllianzIM Equity Buffer20) to 1.55 (Nicholas Global Equity), with wide dispersion across the group. Allianzim Large 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 Allianzim Large 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.
Allianzim Large produces
6.05 in Maximum Drawdown for each unit of Mean Deviation, with respective readings of
1.71 and
0.28 . This indicates Maximum Drawdown substantially exceeds Mean Deviation for Allianzim Large.
Methodology, Assumptions & Data Sources
Allianzim Large has a current Mean Deviation reading of 0.2823. The Mean Deviation for Allianzim Large is produced by transforming raw price history into a standardized measure according to the indicator's defined methodology. Inputs are drawn from end-of-day closing prices reported by supported exchanges, adjusted for splits and dividends where applicable. The calculation assumes continuous price data across the selected period. All readings are presented as reference data.
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