CEWE Stiftung Mean Deviation
| CWC Stock | | | EUR 99.00 0.80 0.81% |
This technical indicator view for Mean Deviation organizes signals for CEWE Stiftung Co and comparable instruments. Coverage varies by data normalization and availability; see
Equity Screeners for broader screening context. CEWE Stiftung has a market cap of 681.98 M, operating margin of -0.22%, ROE of 14.58%. See
Trending Equities for portfolio-level analysis. This suggests a position in CEWE Stiftung Co within the portfolio mix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in inflation.
CEWE Stiftung Co has current Mean Deviation of 0.7454. The mean deviation of the 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 distribution of returns.
Mean Deviation | = | SUM(RET DEV)N |
| = | 0.7454 | |
| SUM | = | Summation notation |
| RET DEV | = | Sum of return deviations of CEWE Stiftung |
| N | = | Number of calculation points for selected time horizon |
CEWE Stiftung Mean Deviation Peers Comparison
CEWE Mean Deviation Relative To Other Indicators
CEWE Stiftung Co is rated
below average in mean deviation across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set at roughly
5.47 Maximum Drawdown per unit of Mean Deviation. CEWE Stiftung Co carries a
5.47 x Maximum Drawdown-to-Mean Deviation ratio
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.
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