ENERGY FUND Mean Deviation
| RYEIX Fund | | | USD 359.21 -0.31 -0.09% |
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 ENERGY FUND's current Mean Deviation with peer comparisons and related risk metrics.
Current Mean Deviation Value
The Mean Deviation of 0.9605 for ENERGY FUND indicates low price variability. This places ENERGY FUND at the lower end of the volatility range for Mutual Fund Funds.
Mean Deviation | = | SUM(RET DEV)N |
| = | 0.9605 | |
| SUM | = | Summation notation |
| RET DEV | = | Sum of return deviations of ENERGY FUND |
| N | = | Number of calculation points for selected time horizon |
Mean Deviation Peers Comparison
ENERGY FUND's Mean Deviation of 0.9605 falls above the 0.85 peer average. Values range from 0.3471 (Catalystexceed Defined Shield) to 1.37 (Jacob Micro Cap), with wide dispersion across the group. ENERGY 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 Energy 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.
ENERGY FUND's Maximum Drawdown of
5.86 runs about
6.10 times its Mean Deviation of
0.96 . This indicates Maximum Drawdown substantially exceeds Mean Deviation for ENERGY FUND.
Methodology, Assumptions & Data Sources
The current Mean Deviation for ENERGY FUND is 0.9605. The Mean Deviation for ENERGY FUND is produced by transforming raw price history into a standardized measure according to the indicator's defined methodology. Data sources include daily closing prices from supported exchanges, with standard corporate action adjustments applied. Values are specific to the selected time horizon and may differ across measurement periods. This indicator does not constitute investment advice.
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