Advanced Drainage Mean Deviation
| WMS Stock | | | USD 144.08 -4.64 -3.12% |
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 Advanced Drainage's current Mean Deviation with peer comparisons and related risk metrics.
Current Mean Deviation Value
At 1.94, Advanced Drainage's Mean Deviation indicates moderate price variability. This places Advanced Drainage within the typical volatility range for Stock.
Mean Deviation | = | SUM(RET DEV)N |
| = | 1.94 | |
| SUM | = | Summation notation |
| RET DEV | = | Sum of return deviations of Advanced Drainage |
| N | = | Number of calculation points for selected time horizon |
Mean Deviation Peers Comparison
The peer group averages 1.93 for Mean Deviation, with Advanced Drainage at 1.94 falling above that level. Readings span 1.2 (Clean Harbors) to 2.65 (Topbuild Corp). Advanced Drainage 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 Advanced Drainage 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.
Comparing Mean Deviation (
1.94 ) to Maximum Drawdown (
10.72 ) for Advanced Drainage yields a
5.54 multiple. This indicates Maximum Drawdown substantially exceeds Mean Deviation for Advanced Drainage.
Methodology, Assumptions & Data Sources
Advanced Drainage's Mean Deviation currently stands at 1.94. Mean Deviation for Advanced Drainage is derived by applying a defined formula to historical price observations, producing a time-series of comparable readings. Inputs are drawn from end-of-day closing prices reported by supported exchanges, adjusted for splits and dividends where applicable. Results are based on historical returns and do not predict future performance. This indicator is provided for informational purposes.
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