ODDITY Tech Mean Deviation
| ODD Stock | | | 16.06 0.57 3.68% |
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 ODDITY Tech's current Mean Deviation with peer comparisons and related risk metrics.
Current Mean Deviation Value
The Mean Deviation of 4.26 for ODDITY Tech indicates elevated price variability. This places ODDITY Tech toward the higher end of the volatility range for Personal Care Products.
Mean Deviation | = | SUM(RET DEV)N |
| = | 4.26 | |
| SUM | = | Summation notation |
| RET DEV | = | Sum of return deviations of ODDITY Tech |
| N | = | Number of calculation points for selected time horizon |
Mean Deviation Peers Comparison
Relative to peers, ODDITY Tech's Mean Deviation is below the group average of 97.16. Peer readings range from 0.1483 (CSG Systems International) to 955.18 (Sapiens International), reflecting wide dispersion across the sector. ODDITY Tech 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 ODDITY Tech 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
4.26 and Maximum Drawdown at
55.97 , ODDITY Tech shows a
13.14 -to-one ratio between these indicators. This indicates Maximum Drawdown substantially exceeds Mean Deviation for ODDITY Tech.
Methodology, Assumptions & Data Sources
ODDITY Tech's Mean Deviation currently stands at 4.26. Mean Deviation for ODDITY Tech is derived by applying a defined formula to historical price observations, producing a time-series of comparable readings. Price data is sourced from standardized end-of-day feeds across supported exchanges, normalized for corporate actions. ODDITY Tech operates in the consumer defensive sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. Values are specific to the selected time horizon and may differ across measurement periods. This indicator does not constitute investment advice.
Other Technical Indicators