GROWTH FUND Mean Deviation
| RGABX Fund | | | USD 74.31 -0.19 -0.26% |
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 GROWTH FUND's current Mean Deviation with peer comparisons and related risk metrics.
Current Mean Deviation Value
With Mean Deviation at 0.8815, GROWTH FUND shows low price variability. This places GROWTH FUND at the lower end of the volatility range for Mutual Fund Funds.
Mean Deviation | = | SUM(RET DEV)N |
| = | 0.8815 | |
| SUM | = | Summation notation |
| RET DEV | = | Sum of return deviations of GROWTH FUND |
| N | = | Number of calculation points for selected time horizon |
Mean Deviation Peers Comparison
The peer group averages 0.77 for Mean Deviation, with GROWTH FUND at 0.8815 falling above that level. Readings span 0.4921 (American Balanced Fund) to 0.8823 (Growth Fund Of). GROWTH FUND 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 Growth Fund 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.
GROWTH FUND's Maximum Drawdown of
4.67 runs about
5.29 times its Mean Deviation of
0.88 . This indicates Maximum Drawdown substantially exceeds Mean Deviation for GROWTH FUND.
Methodology, Assumptions & Data Sources
The current Mean Deviation for GROWTH FUND is 0.8815. GROWTH FUND's Mean Deviation is computed from historical closing prices over the selected time horizon, applying the indicator's defined mathematical transformation to raw price data. 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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