Quarterhill Mean Deviation
| QTRH Stock | | | CAD 1.49 -0.01 -0.67% |
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 Quarterhill's current Mean Deviation with peer comparisons and related risk metrics.
Current Mean Deviation Value
Quarterhill registers a Mean Deviation of 2.64, reflecting moderate price variability. This places Quarterhill within the typical volatility range for Stock.
Mean Deviation | = | SUM(RET DEV)N |
| = | 2.64 | |
| SUM | = | Summation notation |
| RET DEV | = | Sum of return deviations of Quarterhill |
| N | = | Number of calculation points for selected time horizon |
Mean Deviation Peers Comparison
Quarterhill's Mean Deviation of 2.64 falls above the 2.63 peer average. Values range from 1.73 (Bewhere Holdings) to 3.14 (Bragg Gaming Group), with moderate dispersion across the group. Quarterhill 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 Quarterhill 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.
Quarterhill shows nearly
5.71 of Maximum Drawdown per unit of Mean Deviation (
2.64 versus
15.08 ). This indicates Maximum Drawdown substantially exceeds Mean Deviation for Quarterhill.
Methodology, Assumptions & Data Sources
The current Mean Deviation for Quarterhill is 2.64. Mean Deviation for Quarterhill 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 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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