Strive 1000 Mean Deviation
| STXV ETF | | | 36.56 0.06 0.16% |
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 Strive 1000's current Mean Deviation with peer comparisons and related risk metrics.
Current Mean Deviation Value
Strive 1000 carries a Mean Deviation of 0.4964, consistent with low price variability. This places Strive 1000 at the lower end of the volatility range for ETF.
Mean Deviation | = | SUM(RET DEV)N |
| = | 0.4964 | |
| SUM | = | Summation notation |
| RET DEV | = | Sum of return deviations of Strive 1000 |
| N | = | Number of calculation points for selected time horizon |
Mean Deviation Peers Comparison
Strive 1000's Mean Deviation of 0.4964 falls below the 1.0 peer average. Values range from 0.5543 (Cambria Value and) to 1.6 (KraneShares MSCI Emerging), with wide dispersion across the group. Strive 1000 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 Strive 1000 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.
Strive 1000 produces
6.84 in Maximum Drawdown for each unit of Mean Deviation, with respective readings of
3.40 and
0.50 . This indicates Maximum Drawdown substantially exceeds Mean Deviation for Strive 1000.
Methodology, Assumptions & Data Sources
The current Mean Deviation for Strive 1000 is 0.4964. The Mean Deviation for Strive 1000 is produced by transforming raw price history into a standardized measure according to the indicator's defined methodology. All inputs are based on exchange-reported closing prices, with adjustments for stock splits, dividends, and other corporate actions. The calculation assumes continuous price data across the selected period. All readings are presented as reference data.
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