Red Metal Mean Deviation
| RMESF Pink Sheet | | | USD 0.11 0.00 0.00% |
This reference presents Mean Deviation data for Red Metal Resources, including the current value, historical trend, and peer comparisons. The indicator updates with each completed session using end-of-day market data. Context for Red Metal is enhanced by combining
Red Metal Volatility with
Red Metal Price History.
Current Mean Deviation Value
The Mean Deviation of 7.62 for Red Metal indicates elevated price variability. This places Red Metal toward the higher end of the volatility range for Pink Sheet.
Mean Deviation | = | SUM(RET DEV)N |
| = | 7.62 | |
| SUM | = | Summation notation |
| RET DEV | = | Sum of return deviations of Red Metal |
| N | = | Number of calculation points for selected time horizon |
Mean Deviation Peers Comparison
Red Metal's Mean Deviation of 7.62 falls below the 9.01 peer average. Values range from 0.013 (Cross River Ventures) to 33.53 (Vendetta Mining Corp), with wide dispersion across the group. Red Metal 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 Red Metal 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.
Red Metal records a Mean Deviation of
7.62 and a Maximum Drawdown of
167.79 , yielding roughly
22.02 units of Maximum Drawdown per Mean Deviation. This indicates Maximum Drawdown substantially exceeds Mean Deviation for Red Metal.
Methodology, Assumptions & Data Sources
Red Metal has a current Mean Deviation reading of 7.62. Mean Deviation for Red Metal is derived by applying a defined formula to historical price observations, producing a time-series of comparable readings. Price data is sourced from standardized end-of-day feeds across supported exchanges, normalized for corporate actions. Results are based on historical returns and do not predict future performance. This indicator is provided for informational purposes.
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