Mondrian International Mean Deviation
| MPIEX Fund | | | USD 18.51 0.02 0.11% |
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 Mondrian International's current Mean Deviation with peer comparisons and related risk metrics.
Current Mean Deviation Value
The current Mean Deviation of 0.7463 places Mondrian International at low price variability. This places Mondrian International at the lower end of the volatility range for Mondrian Funds.
Mean Deviation | = | SUM(RET DEV)N |
| = | 0.7463 | |
| SUM | = | Summation notation |
| RET DEV | = | Sum of return deviations of Mondrian International |
| N | = | Number of calculation points for selected time horizon |
Mean Deviation Peers Comparison
The peer group averages 0.94 for Mean Deviation, with Mondrian International at 0.7463 falling below that level. Readings span 0.5353 (Prudential Balanced Fund) to 2.41 (Precious Metals And). Mondrian International 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 Mondrian International 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.
Mondrian International's Maximum Drawdown of
4.56 runs about
6.11 times its Mean Deviation of
0.75 . This indicates Maximum Drawdown substantially exceeds Mean Deviation for Mondrian International.
Methodology, Assumptions & Data Sources
Mondrian International's Mean Deviation currently stands at 0.7463. Mondrian International'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. Price data is sourced from standardized end-of-day feeds across supported exchanges, normalized for corporate actions. Mondrian International operates in the foreign large value 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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