Tyler Technologies Mean Deviation
| TYL Stock | | | USD 324.58 -6.50 -1.96% |
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 Tyler Technologies's current Mean Deviation with peer comparisons and related risk metrics.
Current Mean Deviation Value
The current Mean Deviation of 2.01 places Tyler Technologies at moderate price variability. This places Tyler Technologies within the typical volatility range for Application Software.
Mean Deviation | = | SUM(RET DEV)N |
| = | 2.01 | |
| SUM | = | Summation notation |
| RET DEV | = | Sum of return deviations of Tyler Technologies |
| N | = | Number of calculation points for selected time horizon |
Mean Deviation Peers Comparison
Tyler Technologies falls below the 2.1 peer average for Mean Deviation. Trade Desk leads at 2.86 while SSC Technologies Holdings registers the lowest at 1.29. Tyler Technologies 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 Tyler 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.
The Maximum Drawdown-to-Mean Deviation ratio for Tyler Technologies sits near
8.74 , with Mean Deviation at
2.01 and Maximum Drawdown at
17.59 . This indicates Maximum Drawdown substantially exceeds Mean Deviation for Tyler Technologies.
Methodology, Assumptions & Data Sources
Tyler Technologies has a current Mean Deviation reading of 2.01. Mean Deviation for Tyler Technologies 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. Tyler Technologies operates in the information technology sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. Results are based on historical returns and do not predict future performance. This indicator is provided for informational purposes.
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