T Rowe Mean Deviation
| PRSLX Fund | | | USD 15.98 -0.06 -0.37% |
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 T Rowe's current Mean Deviation with peer comparisons and related risk metrics.
Current Mean Deviation Value
At 0.7445, T Rowe's Mean Deviation indicates low price variability. This places T Rowe at the lower end of the volatility range for Mutual Fund Funds.
Mean Deviation | = | SUM(RET DEV)N |
| = | 0.7445 | |
| SUM | = | Summation notation |
| RET DEV | = | Sum of return deviations of T Rowe |
| N | = | Number of calculation points for selected time horizon |
Mean Deviation Peers Comparison
T Rowe falls above the 0.58 peer average for Mean Deviation. Quantex Fund Retail leads at 0.7172 while Schwab Target 2010 registers the lowest at 0.3373. T Rowe 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 T Rowe 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.
T Rowe's Maximum Drawdown of
4.15 runs about
5.58 times its Mean Deviation of
0.74 . This indicates Maximum Drawdown substantially exceeds Mean Deviation for T Rowe.
Methodology, Assumptions & Data Sources
The current Mean Deviation for T Rowe is 0.7445. Mean Deviation for T Rowe is derived by applying a defined formula to historical price observations, producing a time-series of comparable readings. The underlying data comes from exchange-reported daily closes with corporate action adjustments applied where relevant. The calculation assumes continuous price data across the selected period. All readings are presented as reference data.
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