STATE STREET Mean Deviation
| SSSYX Fund | | | USD 548.43 -2.10 -0.38% |
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 STATE STREET's current Mean Deviation with peer comparisons and related risk metrics.
Current Mean Deviation Value
At 0.737, STATE STREET exhibits low price variability in Mean Deviation. This places STATE STREET at the lower end of the volatility range for State Street Global Advisors Funds.
Mean Deviation | = | SUM(RET DEV)N |
| = | 0.737 | |
| SUM | = | Summation notation |
| RET DEV | = | Sum of return deviations of STATE STREET |
| N | = | Number of calculation points for selected time horizon |
Mean Deviation Peers Comparison
STATE STREET's Mean Deviation of 0.737 falls below the 0.8 peer average. Values range from 0.6704 (Victory Sycamore Established) to 1.11 (T Rowe Price), with moderate dispersion across the group. STATE STREET 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 State Street 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.
STATE STREET's Maximum Drawdown of
3.71 runs about
5.03 times its Mean Deviation of
0.74 . This indicates Maximum Drawdown substantially exceeds Mean Deviation for STATE STREET.
Methodology, Assumptions & Data Sources
STATE STREET has a current Mean Deviation reading of 0.737. STATE STREET's Mean Deviation is computed from historical closing prices over the selected time horizon, applying the indicator's defined mathematical transformation to raw price data. Data sources include daily closing prices from supported exchanges, with standard corporate action adjustments applied. STATE STREET operates in the large blend sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. The output reflects the selected calculation window — changing the horizon will produce different readings. This fund metric is provided for analytical reference.
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