SPDR Portfolio Mean Deviation
| SPTM ETF | | | USD 89.11 1.25 1.42% |
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 SPDR Portfolio's current Mean Deviation with peer comparisons and related risk metrics.
Current Mean Deviation Value
With Mean Deviation at 0.7263, SPDR Portfolio shows low price variability. This places SPDR Portfolio at the lower end of the volatility range for ETF.
Mean Deviation | = | SUM(RET DEV)N |
| = | 0.7263 | |
| SUM | = | Summation notation |
| RET DEV | = | Sum of return deviations of SPDR Portfolio |
| N | = | Number of calculation points for selected time horizon |
Mean Deviation Peers Comparison
SPDR Portfolio falls below the 0.86 peer average for Mean Deviation. Vanguard FTSE Pacific leads at 1.32 while Vanguard Tax Managed Balanced registers the lowest at 0.3778. SPDR Portfolio 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 SPDR Portfolio 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.
SPDR Portfolio shows nearly
5.18 of Maximum Drawdown per unit of Mean Deviation (
0.73 versus
3.76 ). This indicates Maximum Drawdown substantially exceeds Mean Deviation for SPDR Portfolio.
Methodology, Assumptions & Data Sources
The current Mean Deviation for SPDR Portfolio is 0.7263. This Mean Deviation reading for SPDR Portfolio results from applying the indicator's calculation rules to price and volume data over the selected window. Data sources include daily closing prices from supported exchanges, with standard corporate action adjustments applied. Results are based on historical returns and do not predict future performance. This indicator is provided for informational purposes.
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