Xero Mean Deviation

XROLF Pink Sheet  USD 60.80  1.80  3.05%   
The Mean Deviation profile for Xero below includes current and historical values with sector peer benchmarks. Readings recalculate as new trading sessions complete, incorporating the latest market data. Xero Volatility and Xero Price History provide added context for Xero.
  

Current Mean Deviation Value

The current Mean Deviation of 2.26 places Xero at moderate price variability. This places Xero within the typical volatility range for Pink Sheet.

Mean Deviation

 = 

SUM(RET DEV)

N

 = 
2.26
SUM = Summation notation
RET DEV = Sum of return deviations of Xero
N = Number of calculation points for selected time horizon

Mean Deviation Peers Comparison

Relative to peers, Xero's Mean Deviation is above the group average of 2.12. Peer readings range from 0.751 (OBIC CoLtd) to 3.39 (Nemetschek SE), reflecting wide dispersion across the sector. Xero 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 Xero 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.
Xero records a Mean Deviation of 2.26 and a Maximum Drawdown of 24.04 , yielding roughly 10.63 units of Maximum Drawdown per Mean Deviation. This indicates Maximum Drawdown substantially exceeds Mean Deviation for Xero.
Compare Xero to Peers

Methodology, Assumptions & Data Sources

Xero has a current Mean Deviation reading of 2.26. The Mean Deviation for Xero is produced by transforming raw price history into a standardized measure according to the indicator's defined methodology. Data sources include daily closing prices from supported exchanges, with standard corporate action adjustments applied. Values are specific to the selected time horizon and may differ across measurement periods. This indicator does not constitute investment advice.

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