World Growth Mean Deviation
| USAWX Fund | | | USD 34.33 -0.27 -0.78% |
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 World Growth's current Mean Deviation with peer comparisons and related risk metrics.
Current Mean Deviation Value
A Mean Deviation of 0.7998 for World Growth signals low price variability. This places World Growth at the lower end of the volatility range for Mutual Fund Funds.
Mean Deviation | = | SUM(RET DEV)N |
| = | 0.7998 | |
| SUM | = | Summation notation |
| RET DEV | = | Sum of return deviations of World Growth |
| N | = | Number of calculation points for selected time horizon |
Mean Deviation Peers Comparison
Among sector peers, World Growth's Mean Deviation of 0.7998 is below the 0.84 group average. The range runs from 0.4899 (Schwab Target 2030) to 1.1 (William Blair Small Mid). World Growth 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 World Growth 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.
World Growth's Maximum Drawdown of
4.18 runs about
5.22 times its Mean Deviation of
0.80 . This indicates Maximum Drawdown substantially exceeds Mean Deviation for World Growth.
Methodology, Assumptions & Data Sources
World Growth's Mean Deviation currently stands at 0.7998. The Mean Deviation for World Growth is produced by transforming raw price history into a standardized measure according to the indicator's defined methodology. Inputs are drawn from end-of-day closing prices reported by supported exchanges, adjusted for splits and dividends where applicable. Indicator accuracy depends on data continuity across the calculation period. Gaps in trading history may affect the output.
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