Morgan Stanley Mean Deviation
| MSSM ETF | | | 58.20 0.42 0.73% |
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 Morgan Stanley's current Mean Deviation with peer comparisons and related risk metrics.
Current Mean Deviation Value
At 0.9769, Morgan Stanley exhibits low price variability in Mean Deviation. This places Morgan Stanley at the lower end of the volatility range for ETF.
Mean Deviation | = | SUM(RET DEV)N |
| = | 0.9769 | |
| SUM | = | Summation notation |
| RET DEV | = | Sum of return deviations of Morgan Stanley |
| N | = | Number of calculation points for selected time horizon |
Mean Deviation Peers Comparison
Relative to peers, Morgan Stanley's Mean Deviation is below the group average of 1.13. Peer readings range from 0.5961 (First Trust SMID) to 2.21 (Moonvest ETF), reflecting wide dispersion across the sector. Morgan Stanley 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 Morgan Stanley 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.
Morgan Stanley shows nearly
5.80 of Maximum Drawdown per unit of Mean Deviation (
0.98 versus
5.67 ). This indicates Maximum Drawdown substantially exceeds Mean Deviation for Morgan Stanley.
Methodology, Assumptions & Data Sources
Morgan Stanley has a current Mean Deviation reading of 0.9769. This Mean Deviation reading for Morgan Stanley results from applying the indicator's calculation rules to price and volume data over the selected window. 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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