Mene Mean Deviation
| MENEF Pink Sheet | | | USD 0.14 -0.01 -6.67% |
Mean Deviation for Mene Inc is tracked, covering the current reading, formula details, and peer comparison data. The reading is most informative when compared against the instrument's own historical range.
Mene Volatility paired with
Mene Price History provides supplemental context on Mene.
Current Mean Deviation Value
Mene's Mean Deviation of 4.71 reflects elevated price variability. This places Mene toward the higher end of the volatility range for Pink Sheet.
Mean Deviation | = | SUM(RET DEV)N |
| = | 4.71 | |
| SUM | = | Summation notation |
| RET DEV | = | Sum of return deviations of Mene |
| N | = | Number of calculation points for selected time horizon |
Mean Deviation Peers Comparison
Among sector peers, Mene's Mean Deviation of 4.71 is above the 4.11 group average. The range runs from 0.1629 (Imaflex) to 17.45 (New Focus Auto). Mene 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 Mene 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.
Mene records a Mean Deviation of
4.71 and a Maximum Drawdown of
45.05 , yielding roughly
9.56 units of Maximum Drawdown per Mean Deviation. This indicates Maximum Drawdown substantially exceeds Mean Deviation for Mene.
Methodology, Assumptions & Data Sources
Mene's Mean Deviation currently stands at 4.71. The Mean Deviation for Mene applies a standardized calculation to daily closing prices and, where applicable, volume data across the selected period. Data sources include daily closing prices from supported exchanges, with standard corporate action adjustments applied. 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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