IShares Exponential Mean Deviation
| XT ETF | | | USD 79.07 0.95 1.22% |
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 IShares Exponential's current Mean Deviation with peer comparisons and related risk metrics.
Current Mean Deviation Value
A Mean Deviation of 0.9367 for IShares Exponential signals low price variability. This places IShares Exponential at the lower end of the volatility range for ETF.
Mean Deviation | = | SUM(RET DEV)N |
| = | 0.9367 | |
| SUM | = | Summation notation |
| RET DEV | = | Sum of return deviations of IShares Exponential |
| N | = | Number of calculation points for selected time horizon |
Mean Deviation Peers Comparison
The peer group averages 0.83 for Mean Deviation, with IShares Exponential at 0.9367 falling above that level. Readings span 0.6579 (WisdomTree MidCap Dividend) to 1.31 (iShares MSCI Intl). IShares Exponential 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 IShares Exponential 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 (
0.94 ) to Maximum Drawdown (
4.70 ) for IShares Exponential yields a
5.01 multiple. This indicates Maximum Drawdown substantially exceeds Mean Deviation for IShares Exponential.
Methodology, Assumptions & Data Sources
IShares Exponential's Mean Deviation currently stands at 0.9367. The Mean Deviation for IShares Exponential 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. The output reflects the selected calculation window — changing the horizon will produce different readings. This ETF metric is provided for analytical reference.
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