TECSYS Mean Deviation
| TCS Stock | | | CAD 35.24 -0.84 -2.33% |
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 TECSYS's current Mean Deviation with peer comparisons and related risk metrics.
Current Mean Deviation Value
The Mean Deviation of 1.9 for TECSYS indicates moderate price variability. This places TECSYS within the typical volatility range for Stock.
Mean Deviation | = | SUM(RET DEV)N |
| = | 1.9 | |
| SUM | = | Summation notation |
| RET DEV | = | Sum of return deviations of TECSYS |
| N | = | Number of calculation points for selected time horizon |
Mean Deviation Peers Comparison
Among sector peers, TECSYS's Mean Deviation of 1.9 is below the 2.57 group average. The range runs from 1.49 (Blackline Safety Corp) to 4.22 (Telesat Corp). TECSYS 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 TECSYS 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.
TECSYS shows nearly
10.15 of Maximum Drawdown per unit of Mean Deviation (
1.90 versus
19.30 ). This indicates Maximum Drawdown substantially exceeds Mean Deviation for TECSYS.
Methodology, Assumptions & Data Sources
TECSYS has a current Mean Deviation reading of 1.9. Mean Deviation for TECSYS is derived by applying a defined formula to historical price observations, producing a time-series of comparable readings. Price data is sourced from standardized end-of-day feeds across supported exchanges, normalized for corporate actions. Values are specific to the selected time horizon and may differ across measurement periods. This indicator does not constitute investment advice.
Other Technical Indicators