FRANKLIN MUTUAL Mean Deviation
| TEDRX Fund | | | USD 30.57 -0.29 -0.94% |
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 FRANKLIN MUTUAL's current Mean Deviation with peer comparisons and related risk metrics.
Current Mean Deviation Value
The Mean Deviation of 0.7096 for FRANKLIN MUTUAL indicates low price variability. This places FRANKLIN MUTUAL at the lower end of the volatility range for Franklin Templeton Investments Funds.
Mean Deviation | = | SUM(RET DEV)N |
| = | 0.7096 | |
| SUM | = | Summation notation |
| RET DEV | = | Sum of return deviations of FRANKLIN MUTUAL |
| N | = | Number of calculation points for selected time horizon |
Mean Deviation Peers Comparison
FRANKLIN MUTUAL's Mean Deviation of 0.7096 falls above the 0.22 peer average. Values range from 0.0609 (Vanguard Limited Term Tax Exempt) to 0.4908 (Bny Mellon Municipal), with wide dispersion across the group. FRANKLIN MUTUAL 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 Franklin Mutual 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.
FRANKLIN MUTUAL's Maximum Drawdown of
4.48 runs about
6.31 times its Mean Deviation of
0.71 . This indicates Maximum Drawdown substantially exceeds Mean Deviation for FRANKLIN MUTUAL.
Methodology, Assumptions & Data Sources
The current Mean Deviation for FRANKLIN MUTUAL is 0.7096. The Mean Deviation for FRANKLIN MUTUAL applies a standardized calculation to daily closing prices and, where applicable, volume data across the selected period. Data sources include daily closing prices from supported exchanges, with standard corporate action adjustments applied. FRANKLIN MUTUAL operates in the world large-stock value sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. Values are specific to the selected time horizon and may differ across measurement periods. This indicator does not constitute investment advice.
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