Union Insurance Mean Deviation
| 2816 Stock | | | TWD 30.60 0.20 0.66% |
This reference presents Mean Deviation data for Union Insurance Co, including the current value, historical trend, and peer comparisons. Evaluating the reading against sector peers and recent history provides the strongest context. Use
Union Insurance Volatility alongside
Union Insurance Price History to build context for Union Insurance.
Current Mean Deviation Value
A Mean Deviation of 0.966 for Union Insurance signals low price variability. This places Union Insurance at the lower end of the volatility range for Stock.
Mean Deviation | = | SUM(RET DEV)N |
| = | 0.966 | |
| SUM | = | Summation notation |
| RET DEV | = | Sum of return deviations of Union Insurance |
| N | = | Number of calculation points for selected time horizon |
Mean Deviation Peers Comparison
Relative to peers, Union Insurance's Mean Deviation is below the group average of 1.58. Peer readings range from 0.5637 (First Insurance Co) to 2.6 (Concord International Securities), reflecting wide dispersion across the sector. Union Insurance has exhibited less price dispersion than the peer average over the measured period.
Mean Deviation Relative To Other Indicators
The chart below plots Mean Deviation against Maximum Drawdown for Union Insurance and its peers. Each point represents one equity — position along the horizontal axis shows Mean Deviation while the vertical axis shows Maximum Drawdown. Equities that cluster in different quadrants carry distinct risk-return profiles. Use the dropdowns to swap in other indicators for either axis.
Union Insurance produces
8.42 in Maximum Drawdown for each unit of Mean Deviation, with respective readings of
8.13 and
0.97 . This indicates Maximum Drawdown substantially exceeds Mean Deviation for Union Insurance.
Methodology, Assumptions & Data Sources
The current Mean Deviation for Union Insurance is 0.966. Union Insurance's Mean Deviation is computed from historical closing prices over the selected time horizon, applying the indicator's defined mathematical transformation to raw price data. All inputs are based on exchange-reported closing prices, with adjustments for stock splits, dividends, and other corporate actions. Values are specific to the selected time horizon and may differ across measurement periods. This indicator does not constitute investment advice.
Other Technical Indicators