Sensient Technologies Mean Deviation
| SXT Stock | | | USD 117.85 -1.27 -1.07% |
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 Sensient Technologies's current Mean Deviation with peer comparisons and related risk metrics.
Current Mean Deviation Value
The Mean Deviation of 2.11 for Sensient Technologies indicates moderate price variability. This places Sensient Technologies within the typical volatility range for Specialty Chemicals.
Mean Deviation | = | SUM(RET DEV)N |
| = | 2.11 | |
| SUM | = | Summation notation |
| RET DEV | = | Sum of return deviations of Sensient Technologies |
| N | = | Number of calculation points for selected time horizon |
Mean Deviation Peers Comparison
Relative to peers, Sensient Technologies's Mean Deviation is above the group average of 2.02. Peer readings range from 1.05 (Balchem) to 3.08 (Sasol), reflecting wide dispersion across the sector. Sensient Technologies 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 Sensient Technologies 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.
Comparing Mean Deviation (
2.11 ) to Maximum Drawdown (
29.83 ) for Sensient Technologies yields a
14.16 multiple. This indicates Maximum Drawdown substantially exceeds Mean Deviation for Sensient Technologies.
Methodology, Assumptions & Data Sources
Sensient Technologies has a current Mean Deviation reading of 2.11. The Mean Deviation for Sensient Technologies applies a standardized calculation to daily closing prices and, where applicable, volume data across the selected period. Inputs are drawn from end-of-day closing prices reported by supported exchanges, adjusted for splits and dividends where applicable. Sensient Technologies operates in the basic materials sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. Indicator accuracy depends on data continuity across the calculation period. Gaps in trading history may affect the output.
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