Ring Energy Mean Deviation
| REI Stock | | | USD 1.65 -0.15 -8.33% |
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 Ring Energy's current Mean Deviation with peer comparisons and related risk metrics.
Current Mean Deviation Value
With Mean Deviation at 3.4, Ring Energy shows moderate price variability. This places Ring Energy within the typical volatility range for Stock.
Mean Deviation | = | SUM(RET DEV)N |
| = | 3.4 | |
| SUM | = | Summation notation |
| RET DEV | = | Sum of return deviations of Ring Energy |
| N | = | Number of calculation points for selected time horizon |
Mean Deviation Peers Comparison
Ring Energy falls above the 3.12 peer average for Mean Deviation. New Era Energy leads at 5.16 while Evolution Petroleum registers the lowest at 1.93. Ring Energy 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 Ring Energy 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.
At
3.40 for Mean Deviation and
16.81 for Maximum Drawdown, Ring Energy's cross-indicator ratio sits almost
4.95 . This indicates Maximum Drawdown is significantly higher than Mean Deviation for Ring Energy.
Methodology, Assumptions & Data Sources
Ring Energy's Mean Deviation currently stands at 3.4. The Mean Deviation for Ring Energy applies a standardized calculation to daily closing prices and, where applicable, volume data across the selected period. Price data is sourced from standardized end-of-day feeds across supported exchanges, normalized for 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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