WASATCH MICRO Mean Deviation
| WAMVX Fund | | | USD 4.62 0.11 2.44% |
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 WASATCH MICRO's current Mean Deviation with peer comparisons and related risk metrics.
Current Mean Deviation Value
At 1.1, WASATCH MICRO's Mean Deviation indicates moderate price variability. This places WASATCH MICRO within the typical volatility range for Mutual Fund Funds.
Mean Deviation | = | SUM(RET DEV)N |
| = | 1.1 | |
| SUM | = | Summation notation |
| RET DEV | = | Sum of return deviations of WASATCH MICRO |
| N | = | Number of calculation points for selected time horizon |
Mean Deviation Peers Comparison
Among sector peers, WASATCH MICRO's Mean Deviation of 1.1 is above the 0.91 group average. The range runs from 0.7126 (Northern Large Cap) to 1.07 (Aberdeen Small Cap). WASATCH MICRO 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 Wasatch Micro 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.
WASATCH MICRO's Maximum Drawdown of
5.77 runs about
5.25 times its Mean Deviation of
1.10 . This indicates Maximum Drawdown substantially exceeds Mean Deviation for WASATCH MICRO.
Methodology, Assumptions & Data Sources
WASATCH MICRO's Mean Deviation currently stands at 1.1. The Mean Deviation for WASATCH MICRO is produced by transforming raw price history into a standardized measure according to the indicator's defined methodology. The underlying data comes from exchange-reported daily closes with corporate action adjustments applied where relevant. The calculation assumes continuous price data across the selected period. All readings are presented as reference data.
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