IShares 1 Mean Deviation
| SHY ETF | | | USD 82.30 0.07 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 IShares 1's current Mean Deviation with peer comparisons and related risk metrics.
Current Mean Deviation Value
With Mean Deviation at 0.0819, IShares 1 shows low price variability. This places IShares 1 at the lower end of the volatility range for ETF.
Mean Deviation | = | SUM(RET DEV)N |
| = | 0.0819 | |
| SUM | = | Summation notation |
| RET DEV | = | Sum of return deviations of IShares 1 |
| N | = | Number of calculation points for selected time horizon |
Mean Deviation Peers Comparison
IShares 1 falls below the 0.57 peer average for Mean Deviation. Industrial Select Sector leads at 1.02 while iShares 01 Year registers the lowest at 0.0146. IShares 1 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 IShares 1 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.
IShares 1's Maximum Drawdown of
0.38 runs about
4.62 times its Mean Deviation of
0.08 . This indicates Maximum Drawdown is significantly higher than Mean Deviation for IShares 1.
Methodology, Assumptions & Data Sources
IShares 1 has a current Mean Deviation reading of 0.0819. This Mean Deviation reading for IShares 1 results from applying the indicator's calculation rules to price and volume data over the selected window. Price data is sourced from standardized end-of-day feeds across supported exchanges, normalized for corporate actions. Values are specific to the selected time horizon and may differ across measurement periods. This indicator does not constitute investment advice.
Other Technical Indicators