Hartford Multifactor Mean Deviation
| ROSC ETF | | | USD 53.01 0.35 0.66% |
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 Hartford Multifactor's current Mean Deviation with peer comparisons and related risk metrics.
Current Mean Deviation Value
Hartford Multifactor carries a Mean Deviation of 0.7466, consistent with low price variability. This places Hartford Multifactor at the lower end of the volatility range for ETF.
Mean Deviation | = | SUM(RET DEV)N |
| = | 0.7466 | |
| SUM | = | Summation notation |
| RET DEV | = | Sum of return deviations of Hartford Multifactor |
| N | = | Number of calculation points for selected time horizon |
Mean Deviation Peers Comparison
Hartford Multifactor's Mean Deviation of 0.7466 falls below the 1.16 peer average. Values range from 0.5441 (Global X SAMPP) to 2.97 (Direxion Daily Retail), with wide dispersion across the group. Hartford Multifactor 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 Hartford Multifactor 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.
With Mean Deviation at
0.75 and Maximum Drawdown at
4.25 , Hartford Multifactor shows a
5.70 -to-one ratio between these indicators. This indicates Maximum Drawdown substantially exceeds Mean Deviation for Hartford Multifactor.
Methodology, Assumptions & Data Sources
The current Mean Deviation for Hartford Multifactor is 0.7466. This Mean Deviation reading for Hartford Multifactor results from applying the indicator's calculation rules to price and volume data over the selected window. Inputs are drawn from end-of-day closing prices reported by supported exchanges, adjusted for splits and dividends where applicable. Results are based on historical returns and do not predict future performance. This indicator is provided for informational purposes.
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