RBC SHORT Mean Deviation
| RSDIX Fund | | | USD 9.46 0.02 0.21% |
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 RBC SHORT's current Mean Deviation with peer comparisons and related risk metrics.
Current Mean Deviation Value
RBC SHORT has a Mean Deviation of 0.1082, indicating low price variability. This places RBC SHORT at the lower end of the volatility range for Mutual Fund Funds.
Mean Deviation | = | SUM(RET DEV)N |
| = | 0.1082 | |
| SUM | = | Summation notation |
| RET DEV | = | Sum of return deviations of RBC SHORT |
| N | = | Number of calculation points for selected time horizon |
Mean Deviation Peers Comparison
RBC SHORT falls below the 0.45 peer average for Mean Deviation. Thrivent Aggressive Allocation leads at 0.7301 while Mfs Municipal High registers the lowest at 0.1463. RBC SHORT 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 RBC Short 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.
RBC SHORT's Maximum Drawdown of
1.04 runs about
9.66 times its Mean Deviation of
0.11 . This indicates Maximum Drawdown substantially exceeds Mean Deviation for RBC SHORT.
Methodology, Assumptions & Data Sources
RBC SHORT has a current Mean Deviation reading of 0.1082. The Mean Deviation for RBC SHORT applies a standardized calculation to daily closing prices and, where applicable, volume data across the selected period. All inputs are based on exchange-reported closing prices, with adjustments for stock splits, dividends, and other 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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