Zymeworks Common Mean Deviation
| ZYME Stock | | | USD 26.69 0.01 0.04% |
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 Zymeworks Common's current Mean Deviation with peer comparisons and related risk metrics.
Current Mean Deviation Value
The Mean Deviation of 2.03 for Zymeworks Common indicates moderate price variability. This places Zymeworks Common within the typical volatility range for Stock.
Mean Deviation | = | SUM(RET DEV)N |
| = | 2.03 | |
| SUM | = | Summation notation |
| RET DEV | = | Sum of return deviations of Zymeworks Common |
| N | = | Number of calculation points for selected time horizon |
Mean Deviation Peers Comparison
Relative to peers, Zymeworks Common's Mean Deviation is below the group average of 3.15. Peer readings range from 2.32 (Pharvaris BV) to 4.72 (Upstream Bio), reflecting moderate dispersion across the sector. Zymeworks Common has exhibited less 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 Zymeworks Common 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.
With Mean Deviation at
2.03 and Maximum Drawdown at
12.59 , Zymeworks Common shows a
6.20 -to-one ratio between these indicators. This indicates Maximum Drawdown substantially exceeds Mean Deviation for Zymeworks Common.
Methodology, Assumptions & Data Sources
The current Mean Deviation for Zymeworks Common is 2.03. Zymeworks Common's Mean Deviation is computed from historical closing prices over the selected time horizon, applying the indicator's defined mathematical transformation to raw price data. The underlying data comes from exchange-reported daily closes with corporate action adjustments applied where relevant. 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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