AMAZON Mean Deviation

023135BC9   94.42  2.18  2.26%   
AMAZON mean-deviation technical analysis lookup allows you to check this and other technical indicators for AMAZON INC 315 or any other equities. You can select from a set of available technical indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations and data normalization technicques. Please check also Equity Screeners to view more equity screening tools
  
AMAZON INC 315 has current Mean Deviation of 0.4459. 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.

Mean Deviation

 = 

SUM(RET DEV)

N

 = 
0.4459
SUM = Summation notation
RET DEV = Sum of return deviations of AMAZON
N = Number of calculation points for selected time horizon

AMAZON Mean Deviation Peers Comparison

AMAZON Mean Deviation Relative To Other Indicators

AMAZON INC 315 cannot be rated in Mean Deviation category at this point. It cannot be rated in Maximum Drawdown category at this point. reporting about  12.02  of Maximum Drawdown per Mean Deviation. The ratio of Maximum Drawdown to Mean Deviation for AMAZON INC 315 is roughly  12.02 
Mean Deviation is the average of the absolute values of the differences between price distribution numbers and their mean. Mean deviation of equity instrument with a lot of historical data is a biased estimator because the time horizon used in calculation will always be much smaller than the entire price history of the equity. The mean deviation is typically used as a measure of dispersion for small investment horizon, otherwise standard deviation is a better measure of dispersion.
Compare AMAZON to Peers

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas