T ROWE Mean Deviation
| TRRTX Fund | | | USD 12.20 0.04 0.33% |
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 T ROWE's current Mean Deviation with peer comparisons and related risk metrics.
Current Mean Deviation Value
With Mean Deviation at 0.322, T ROWE shows low price variability. This places T ROWE at the lower end of the volatility range for Mutual Fund Funds.
Mean Deviation | = | SUM(RET DEV)N |
| = | 0.322 | |
| SUM | = | Summation notation |
| RET DEV | = | Sum of return deviations of T ROWE |
| N | = | Number of calculation points for selected time horizon |
Mean Deviation Peers Comparison
Relative to peers, T ROWE's Mean Deviation is below the group average of 0.93. Peer readings range from 0.3217 (T Rowe Price) to 2.79 (Korea Closed), reflecting wide dispersion across the sector. T ROWE 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 T Rowe 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.
T ROWE's Maximum Drawdown of
1.86 runs about
5.77 times its Mean Deviation of
0.32 . This indicates Maximum Drawdown substantially exceeds Mean Deviation for T ROWE.
Methodology, Assumptions & Data Sources
The current Mean Deviation for T ROWE is 0.322. T ROWE's Mean Deviation is computed from historical closing prices over the selected time horizon, applying the indicator's defined mathematical transformation to raw price data. The underlying data comes from exchange-reported daily closes with corporate action adjustments applied where relevant. 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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