NORTHERN SMALL Mean Deviation
| NOSGX Fund | | | USD 11.62 0.09 0.78% |
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 NORTHERN SMALL's current Mean Deviation with peer comparisons and related risk metrics.
Current Mean Deviation Value
At 0.8499, NORTHERN SMALL's Mean Deviation indicates low price variability. This places NORTHERN SMALL at the lower end of the volatility range for Mutual Fund Funds.
Mean Deviation | = | SUM(RET DEV)N |
| = | 0.8499 | |
| SUM | = | Summation notation |
| RET DEV | = | Sum of return deviations of NORTHERN SMALL |
| N | = | Number of calculation points for selected time horizon |
Mean Deviation Peers Comparison
NORTHERN SMALL falls below the 0.9 peer average for Mean Deviation. Columbia Seligman Premium leads at 1.36 while Doubleline Yield Opportunities registers the lowest at 0.5376. NORTHERN SMALL 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 Northern Small 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.
NORTHERN SMALL's Maximum Drawdown of
4.92 runs about
5.79 times its Mean Deviation of
0.85 . This indicates Maximum Drawdown substantially exceeds Mean Deviation for NORTHERN SMALL.
Methodology, Assumptions & Data Sources
NORTHERN SMALL's Mean Deviation currently stands at 0.8499. This Mean Deviation reading for NORTHERN SMALL results from applying the indicator's calculation rules to price and volume data over the selected window. The underlying data comes from exchange-reported daily closes with corporate action adjustments applied where relevant. NORTHERN SMALL operates in the small value funds 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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