John Hancock Mean Deviation
| PDT ETF | | | USD 13.05 0.08 0.62% |
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 John Hancock's current Mean Deviation with peer comparisons and related risk metrics.
Current Mean Deviation Value
A Mean Deviation of 0.5149 for John Hancock signals low price variability. This places John Hancock at the lower end of the volatility range for Preferred Stock.
Mean Deviation | = | SUM(RET DEV)N |
| = | 0.5149 | |
| SUM | = | Summation notation |
| RET DEV | = | Sum of return deviations of John Hancock |
| N | = | Number of calculation points for selected time horizon |
Mean Deviation Peers Comparison
The peer group averages 0.96 for Mean Deviation, with John Hancock at 0.5149 falling below that level. Readings span 0.5231 (John Hancock Preferred) to 1.98 (Ultranasdaq 100 Profund Ultranasdaq 100). John Hancock 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 John Hancock 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.
Comparing Mean Deviation (
0.51 ) to Maximum Drawdown (
3.58 ) for John Hancock yields a
6.96 multiple. This indicates Maximum Drawdown substantially exceeds Mean Deviation for John Hancock.
Methodology, Assumptions & Data Sources
John Hancock's Mean Deviation currently stands at 0.5149. The Mean Deviation for John Hancock is produced by transforming raw price history into a standardized measure according to the indicator's defined methodology. All inputs are based on exchange-reported closing prices, with adjustments for stock splits, dividends, and other corporate actions. The calculation assumes continuous price data across the selected period. All readings are presented as reference data.
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