TBHC New Mean Deviation
| TBHC Stock | | | 0.94 0.03 3.30% |
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 TBHC New's current Mean Deviation with peer comparisons and related risk metrics.
Current Mean Deviation Value
The current Mean Deviation of 2.7 places TBHC New at moderate price variability. This places TBHC New within the typical volatility range for Stock.
Mean Deviation | = | SUM(RET DEV)N |
| = | 2.7 | |
| SUM | = | Summation notation |
| RET DEV | = | Sum of return deviations of TBHC New |
| N | = | Number of calculation points for selected time horizon |
Mean Deviation Peers Comparison
TBHC New falls below the 5.76 peer average for Mean Deviation. QVC Group leads at 10.92 while Westport Fuel Systems registers the lowest at 2.17. TBHC New 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 TBHC New 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.
With Mean Deviation at
2.70 and Maximum Drawdown at
15.67 , TBHC New shows a
5.80 -to-one ratio between these indicators. This indicates Maximum Drawdown substantially exceeds Mean Deviation for TBHC New.
Methodology, Assumptions & Data Sources
TBHC New has a current Mean Deviation reading of 2.7. The Mean Deviation for TBHC New is produced by transforming raw price history into a standardized measure according to the indicator's defined methodology. Inputs are drawn from end-of-day closing prices reported by supported exchanges, adjusted for splits and dividends where applicable. Indicator accuracy depends on data continuity across the calculation period. Gaps in trading history may affect the output.
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