Watsco Mean Deviation
| WSO Stock | | | USD 429.24 -2.82 -0.65% |
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 Watsco's current Mean Deviation with peer comparisons and related risk metrics.
Current Mean Deviation Value
The current Mean Deviation of 1.8 places Watsco at moderate price variability. This places Watsco within the typical volatility range for Stock.
Mean Deviation | = | SUM(RET DEV)N |
| = | 1.8 | |
| SUM | = | Summation notation |
| RET DEV | = | Sum of return deviations of Watsco |
| N | = | Number of calculation points for selected time horizon |
Mean Deviation Peers Comparison
Watsco falls above the 1.47 peer average for Mean Deviation. WESCO International leads at 2.4 while Graco Inc registers the lowest at 1.03. Watsco 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 Watsco 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.
Watsco shows nearly
5.06 of Maximum Drawdown per unit of Mean Deviation (
1.80 versus
9.10 ). This indicates Maximum Drawdown substantially exceeds Mean Deviation for Watsco.
Methodology, Assumptions & Data Sources
Watsco has a current Mean Deviation reading of 1.8. The Mean Deviation for Watsco applies a standardized calculation to daily closing prices and, where applicable, volume data across the selected period. Data sources include daily closing prices from supported exchanges, with standard corporate action adjustments applied. Results are based on historical returns and do not predict future performance. This indicator is provided for informational purposes.
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