Rio Tinto Mean Deviation
| RIO Stock | | | USD 105.38 2.27 2.20% |
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 Rio Tinto's current Mean Deviation with peer comparisons and related risk metrics.
Current Mean Deviation Value
With Mean Deviation at 1.55, Rio Tinto shows moderate price variability. This places Rio Tinto within the typical volatility range for Diversified Metals & Mining.
Mean Deviation | = | SUM(RET DEV)N |
| = | 1.55 | |
| SUM | = | Summation notation |
| RET DEV | = | Sum of return deviations of Rio Tinto |
| N | = | Number of calculation points for selected time horizon |
Mean Deviation Peers Comparison
Rio Tinto falls below the 2.08 peer average for Mean Deviation. Ferroglobe PLC leads at 2.95 while Ecolab Inc registers the lowest at 1.14. Rio Tinto 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 Rio Tinto 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.
Rio Tinto shows nearly
4.73 of Maximum Drawdown per unit of Mean Deviation (
1.55 versus
7.31 ). This indicates Maximum Drawdown is significantly higher than Mean Deviation for Rio Tinto.
Methodology, Assumptions & Data Sources
The current Mean Deviation for Rio Tinto is 1.55. The Mean Deviation for Rio Tinto is produced by transforming raw price history into a standardized measure according to the indicator's defined methodology. The underlying data comes from exchange-reported daily closes with corporate action adjustments applied where relevant. Rio Tinto operates in the basic materials sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. Results are based on historical returns and do not predict future performance. This indicator is provided for informational purposes.
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