Yahoo Mean Deviation

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Yahoo Inc has current Mean Deviation of 0.5382. The mean deviation of 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 destribution of returns.
Yahoo 
Mean Deviation 
 = 
SUM(RET DEV) 
 = 
0.5382
SUM =   Summation notation
RET DEV =   Sum of return deviations of Yahoo
N =   Number of calculation points for selected time horizon

Mean Deviation Comparison

Yahoo Inc is rated fourth in mean deviation category among related companies. It is currently under evaluation in maximum drawdown category among related companies reporting about  5.27  of Maximum Drawdown per Mean Deviation. The ratio of Maximum Drawdown to Mean Deviation for Yahoo Inc is roughly  5.27 
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.
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Yahoo Inc., together with its subsidiaries, offer search and display advertising services on Yahoo properties and affiliate sites worldwide. more
NameYahoo Inc
InstrumentUSA Stock
RegionNorth America
ExchangeNASDAQ
CIK Number01011006.0
ISINUS9843321061
CUSIP984332106
Analyst Consensus
Piotroski F Score
Macroaxis Advice
CurrencyUSD - US Dollar