Sprint Mean Deviation

Sprint Corporation -- USA Stock  

USD 6.15  0.07  1.15%

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Sprint Corporation has current Mean Deviation of 2.59. 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.
Sprint 
Mean Deviation 
 = 
SUM(RET DEV) 
 = 
2.59
SUM =   Summation notation
RET DEV =   Sum of return deviations of Sprint
N =   Number of calculation points for selected time horizon

Mean Deviation Comparison

Sprint Corporation is rated third in mean deviation category among related companies. It is rated second in maximum drawdown category among related companies reporting about  5.91  of Maximum Drawdown per Mean Deviation. The ratio of Maximum Drawdown to Mean Deviation for Sprint Corporation is roughly  5.9 
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.
Compare Sprint to competition
Sprint Corporationration, through its subsidiaries, offer various wireless and wireline communications solutions and services to consumers, businesses, government subscribers, and resellers in the United States, Puerto Rico, and the U.S. more
NameSprint Corporation
Analyst Consensus
Piotroski F Score
Macroaxis Advice
Bond Rating
InstrumentUSA Stock Stocks Directory
RegionNorth America
ExchangeNew York Stock Exchange
CIK Number00101830.0
ISINUS85207U1051
CUSIP85207U105
Related EntityFON
CurrencyUSD - US Dollar