MeanAbsoluteDeviation: Mean absolute deviation of the return distribution
Description
To calculate Mean absolute deviation we take the sum of
the absolute value of the difference between the returns
and the mean of the returns and we divide it by the
number of returns.
Usage
MeanAbsoluteDeviation(R, ...)
Arguments
R
an xts, vector, matrix, data frame, timeSeries
or zoo object of asset returns