OneAscent Small Mean Deviation
| OASC ETF | | | 32.69 0.06 0.18% |
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 OneAscent Small's current Mean Deviation with peer comparisons and related risk metrics.
Current Mean Deviation Value
With Mean Deviation at 0.9151, OneAscent Small shows low price variability. This places OneAscent Small at the lower end of the volatility range for ETF.
Mean Deviation | = | SUM(RET DEV)N |
| = | 0.9151 | |
| SUM | = | Summation notation |
| RET DEV | = | Sum of return deviations of OneAscent Small |
| N | = | Number of calculation points for selected time horizon |
Mean Deviation Peers Comparison
OneAscent Small falls above the 0.78 peer average for Mean Deviation. Overlay Shares Foreign leads at 1.08 while Innovator ETFs Trust registers the lowest at 0.4791. OneAscent Small 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 OneAscent 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.
With Mean Deviation at
0.92 and Maximum Drawdown at
5.35 , OneAscent Small shows a
5.84 -to-one ratio between these indicators. This indicates Maximum Drawdown substantially exceeds Mean Deviation for OneAscent Small.
Methodology, Assumptions & Data Sources
OneAscent Small has a current Mean Deviation reading of 0.9151. The Mean Deviation for OneAscent Small applies a standardized calculation to daily closing prices and, where applicable, volume data across the selected period. Inputs are drawn from end-of-day closing prices reported by supported exchanges, adjusted for splits and dividends where applicable. 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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