Apple Mean Deviation

    Apple Inc -- USA Stock  

    USD 156.32  0.57  0.36%

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    Apple Inc has current Mean Deviation of 0.0. 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.
    Apple 
    Mean Deviation 
     = 
    SUM(RET DEV) 
     = 
    0.0
    SUM =   Summation notation
    RET DEV =   Sum of return deviations of Apple
    N =   Number of calculation points for selected time horizon

    Mean Deviation Comparison

    Apple Inc is rated below average in mean deviation category among related companies. It is rated fifth in maximum drawdown category among related companies .
    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.
    Apple Inc. designs, manufactures, and markets mobile communication and media devices, personal computers, and portable digital music players to consumers, small and midsized businesses, and education, enterprise, and government customers worldwide. more
    NameApple Inc
    Analyst Consensus
    Macroaxis Advice
    Bond Rating
    InstrumentUSA Stock Stocks Directory
    RegionNorth America
    ExchangeNASDAQ
    CIK Number00320193.0
    ISINUS0378331005
    CUSIP037833100
    CurrencyUSD - US Dollar