Select Energy Mean Deviation
| WTTR Stock | | | USD 16.80 -0.02 -0.12% |
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 Select Energy's current Mean Deviation with peer comparisons and related risk metrics.
Current Mean Deviation Value
At 1.97, Select Energy's Mean Deviation indicates moderate price variability. This places Select Energy within the typical volatility range for Oil & Gas Equipment & Services.
Mean Deviation | = | SUM(RET DEV)N |
| = | 1.97 | |
| SUM | = | Summation notation |
| RET DEV | = | Sum of return deviations of Select Energy |
| N | = | Number of calculation points for selected time horizon |
Mean Deviation Peers Comparison
The peer group averages 1.35 for Mean Deviation, with Select Energy at 1.97 falling above that level. Readings span 0.4013 (Entergy Arkansas LLC) to 2.88 (Empresa Distribuidora y). Select Energy 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 Select Energy 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.
Select Energy's Mean Deviation reads
1.97 while Maximum Drawdown reads
19.08 , a
9.66 ratio between the two. This indicates Maximum Drawdown substantially exceeds Mean Deviation for Select Energy.
Methodology, Assumptions & Data Sources
Select Energy's Mean Deviation currently stands at 1.97. The Mean Deviation for Select Energy 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. Select Energy operates in the energy sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. Indicator accuracy depends on data continuity across the calculation period. Gaps in trading history may affect the output.
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