Momentus Mean Deviation
| MNTS Stock | | | USD 4.79 -0.01 -0.21% |
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 Momentus's current Mean Deviation with peer comparisons and related risk metrics.
Current Mean Deviation Value
A Mean Deviation of 6.37 for Momentus signals elevated price variability. This places Momentus toward the higher end of the volatility range for Industrial Machinery & Supplies & Components.
Mean Deviation | = | SUM(RET DEV)N |
| = | 6.37 | |
| SUM | = | Summation notation |
| RET DEV | = | Sum of return deviations of Momentus |
| N | = | Number of calculation points for selected time horizon |
Mean Deviation Peers Comparison
The peer group averages 5.69 for Mean Deviation, with Momentus at 6.37 falling above that level. Readings span 1.67 (Air Industries Group) to 19.74 (Mingzhu Logistics Holdings). Momentus 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 Momentus 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 (
6.37 ) to Maximum Drawdown (
59.85 ) for Momentus yields a
9.40 multiple. This indicates Maximum Drawdown substantially exceeds Mean Deviation for Momentus.
Methodology, Assumptions & Data Sources
Momentus has a current Mean Deviation reading of 6.37. The Mean Deviation for Momentus is produced by transforming raw price history into a standardized measure according to the indicator's defined methodology. Data sources include daily closing prices from supported exchanges, with standard corporate action adjustments applied. Momentus operates in the industrials sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. The calculation assumes continuous price data across the selected period. All readings are presented as reference data.
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