National Bank Mean Deviation
| NA Stock | | | CAD 206.87 -0.97 -0.47% |
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 National Bank's current Mean Deviation with peer comparisons and related risk metrics.
Current Mean Deviation Value
With Mean Deviation at 1.02, National Bank shows moderate price variability. This places National Bank within the typical volatility range for Stock.
Mean Deviation | = | SUM(RET DEV)N |
| = | 1.02 | |
| SUM | = | Summation notation |
| RET DEV | = | Sum of return deviations of National Bank |
| N | = | Number of calculation points for selected time horizon |
Mean Deviation Peers Comparison
The peer group averages 0.95 for Mean Deviation, with National Bank at 1.02 falling above that level. Readings span 0.2309 (Toronto Dominion Bank Pref) to 1.13 (Canadian Imperial Bank). National Bank 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 National Bank 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.
National Bank shows nearly
8.71 of Maximum Drawdown per unit of Mean Deviation (
1.02 versus
8.88 ). This indicates Maximum Drawdown substantially exceeds Mean Deviation for National Bank.
Methodology, Assumptions & Data Sources
The current Mean Deviation for National Bank is 1.02. National Bank'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. All inputs are based on exchange-reported closing prices, with adjustments for stock splits, dividends, and other corporate actions. Results are based on historical returns and do not predict future performance. This indicator is provided for informational purposes.
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