CVS Health Mean Deviation 
CVS  USA Stock  USD 58.43 1.81 3.00% 
Symbol 
 =  1.17 
SUM  =  Summation notation 
RET DEV  =  Sum of return deviations of CVS Health 
N  =  Number of calculation points for selected time horizon 
Mean Deviation Comparison
CVS Health Corporation is rated below average in mean deviation category among related companies. It is rated below average in maximum drawdown category among related companies reporting about 8.24 of Maximum Drawdown per Mean Deviation. The ratio of Maximum Drawdown to Mean Deviation for CVS Health Corporation is roughly 8.24
Mean Deviation is the average of the absolute values of the differences between price distribution numbers and their mean. Mean deviation of equity instrument with a lot of historical data is a biased estimator because the time horizon used in calculation will always be much smaller than the entire price history of the equity. The mean deviation is typically used as a measure of dispersion for small investment horizon, otherwise standard deviation is a better measure of dispersion.Mean Deviation  ...

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CVS Health Technical Signals
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Risk Adjusted Performance  0.1599  
Market Risk Adjusted Performance  0.2937  
Mean Deviation  1.17  
Semi Deviation  1.0  
Downside Deviation  1.35  
Coefficient Of Variation  633.16  
Standard Deviation  1.75  
Variance  3.08  
Information Ratio  0.2096  
Jensen Alpha  0.3618  
Total Risk Alpha  0.4464  
Sortino Ratio  0.2725  
Treynor Ratio  0.2837  
Maximum Drawdown  9.61  
Value At Risk  (2.15)  
Potential Upside  2.45  
Downside Variance  1.82  
Semi Variance  1.01  
Expected Short fall  (1.37)  
Skewness  1.76  
Kurtosis  6.08 
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