Provident Financial Mean Deviation
| PROV Stock | | | USD 17.30 0.19 1.11% |
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 Provident Financial's current Mean Deviation with peer comparisons and related risk metrics.
Current Mean Deviation Value
At 0.5466, Provident Financial's Mean Deviation indicates low price variability. This places Provident Financial at the lower end of the volatility range for Stock.
Mean Deviation | = | SUM(RET DEV)N |
| = | 0.5466 | |
| SUM | = | Summation notation |
| RET DEV | = | Sum of return deviations of Provident Financial |
| N | = | Number of calculation points for selected time horizon |
Mean Deviation Peers Comparison
The peer group averages 1.25 for Mean Deviation, with Provident Financial at 0.5466 falling below that level. Readings span 0.5471 (Lake Shore Bancorp) to 2.17 (First Guaranty Bancshares). Provident Financial 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 Provident Financial 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.
Provident Financial produces
6.03 in Maximum Drawdown for each unit of Mean Deviation, with respective readings of
3.30 and
0.55 . This indicates Maximum Drawdown substantially exceeds Mean Deviation for Provident Financial.
Methodology, Assumptions & Data Sources
Provident Financial's Mean Deviation currently stands at 0.5466. The Mean Deviation for Provident Financial 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 output reflects the selected calculation window — changing the horizon will produce different readings. This stock metric is provided for analytical reference.
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