Norwegian Air Mean Deviation
| NWARF Pink Sheet | | | USD 1.60 0.07 4.58% |
Mean Deviation readings for Norwegian Air Shuttle are presented with current values, historical context, and comparative peer data. Interpretation is strongest when the reading is compared to both historical and peer benchmarks. Supplemental context on Norwegian Air is available through
Norwegian Air Volatility and
Norwegian Air Price History.
Current Mean Deviation Value
With Mean Deviation at 3.13, Norwegian Air shows moderate price variability. This places Norwegian Air within the typical volatility range for Pink Sheet.
Mean Deviation | = | SUM(RET DEV)N |
| = | 3.13 | |
| SUM | = | Summation notation |
| RET DEV | = | Sum of return deviations of Norwegian Air |
| N | = | Number of calculation points for selected time horizon |
Mean Deviation Peers Comparison
The peer group averages 1.13 for Mean Deviation, with Norwegian Air at 3.13 falling above that level. Readings span 0.0173 (Lonking Holdings Ltd) to 2.78 (Wizz Air Holdings). Norwegian Air 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 Norwegian Air 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.
Norwegian Air records a Mean Deviation of
3.13 and a Maximum Drawdown of
24.44 , yielding roughly
7.82 units of Maximum Drawdown per Mean Deviation. This indicates Maximum Drawdown substantially exceeds Mean Deviation for Norwegian Air.
Methodology, Assumptions & Data Sources
Norwegian Air's Mean Deviation currently stands at 3.13. This Mean Deviation reading for Norwegian Air results from applying the indicator's calculation rules to price and volume data over the selected window. Price data is sourced from standardized end-of-day feeds across supported exchanges, normalized for corporate actions. The output reflects the selected calculation window — changing the horizon will produce different readings. This pink sheet metric is provided for analytical reference.
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