3D Printing Mean Deviation
| PRNT ETF | | | USD 23.56 0.22 0.94% |
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 3D Printing's current Mean Deviation with peer comparisons and related risk metrics.
Current Mean Deviation Value
With Mean Deviation at 1.31, 3D Printing shows moderate price variability. This places 3D Printing within the typical volatility range for ETF.
Mean Deviation | = | SUM(RET DEV)N |
| = | 1.31 | |
| SUM | = | Summation notation |
| RET DEV | = | Sum of return deviations of 3D Printing |
| N | = | Number of calculation points for selected time horizon |
Mean Deviation Peers Comparison
3D Printing falls above the 0.74 peer average for Mean Deviation. Nicholas Global Equity leads at 1.62 while AllianzIM Equity Buffer20 registers the lowest at 0.1638. 3D Printing 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 3D Printing 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 (
1.31 ) to Maximum Drawdown (
8.64 ) for 3D Printing yields a
6.61 multiple. This indicates Maximum Drawdown substantially exceeds Mean Deviation for 3D Printing.
Methodology, Assumptions & Data Sources
3D Printing's Mean Deviation currently stands at 1.31. The Mean Deviation for 3D Printing 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. Results are based on historical returns and do not predict future performance. This indicator is provided for informational purposes.
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