Exxon Mean Deviation

    Exxon Mobil Corporation 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.
    Exxon 
    Mean Deviation 
     = 
    SUM(RET DEV) 
     = 
    0.0
    SUM =   Summation notation
    RET DEV =   Sum of return deviations of Exxon
    N =   Number of calculation points for selected time horizon

    Mean Deviation Comparison

    Exxon Mobil Corporation is rated below average in mean deviation category among related companies. It is rated below average 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.
    Exxon Mobil Corporationration explores for and produces crude oil and natural gas in the United States CanadaSouth America Europe Africa Asia and AustraliaOceania. more
    NameExxon Mobil Corporation
    InstrumentUSA Stock
    RegionNorth America
    ExchangeNew York Stock Exchange
    CIK Number0000034088
    ISINUS30231G1022
    CUSIP30231G102,302290101
    Analyst Consensus
    Macroaxis Advice
    Bond Rating
    CurrencyUSD - US Dollar