Alphabet Mean Deviation

    Alphabet Inc -- USA Stock  

    USD 1,149  13.76  1.21%

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    Alphabet Inc has current Mean Deviation of 1.16. 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.
    Mean Deviation 
    SUM =   Summation notation
    RET DEV =   Sum of return deviations of Alphabet
    N =   Number of calculation points for selected time horizon

    Mean Deviation Comparison

    Alphabet Inc is rated # 3 in mean deviation category among related companies. It is currently under evaluation in maximum drawdown category among related companies reporting about  4.55  of Maximum Drawdown per Mean Deviation. The ratio of Maximum Drawdown to Mean Deviation for Alphabet Inc is roughly  4.55 
    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 Alphabet to competition
    Alphabet Inc., through its subsidiaries, provides online advertising services in the United States and internationally. Alphabet Inc. was founded in 1998 and is headquartered in Mountain View, California. Alphabet operates under Internet Information Providers classification in USA and traded on NASDAQ exchange. It employs 80110 people. more
    NameAlphabet Inc
    CEOLarry PageView All
    Thematic Classifications
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    InstrumentUSA Stock View All
    New SymbolGOOGL
    CurrencyUSD - US Dollar