Cathay General Mean Deviation
| CATY Stock | | | USD 56.49 -0.55 -0.96% |
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. Below is Cathay General's current Mean Deviation with peer comparisons and related risk metrics.
Current Mean Deviation Value
The Mean Deviation of 1.03 for Cathay General indicates moderate price variability. This places Cathay General within the typical volatility range for Regional Banks.
Mean Deviation | = | SUM(RET DEV)N |
| = | 1.03 | |
| SUM | = | Summation notation |
| RET DEV | = | Sum of return deviations of Cathay General |
| N | = | Number of calculation points for selected time horizon |
Mean Deviation Peers Comparison
Relative to peers, Cathay General's Mean Deviation is below the group average of 1.21. Peer readings range from 1.03 (WSFS Financial) to 1.42 (Zions Bancorporation), reflecting tight clustering across the sector. Cathay General 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 Cathay General 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.
Cathay General's Maximum Drawdown of
7.89 runs about
7.69 times its Mean Deviation of
1.03 . This indicates Maximum Drawdown substantially exceeds Mean Deviation for Cathay General.
Methodology, Assumptions & Data Sources
Cathay General's Mean Deviation currently stands at 1.03. The Mean Deviation for Cathay General applies a standardized calculation to daily closing prices and, where applicable, volume data across the selected period. Data sources include daily closing prices from supported exchanges, with standard corporate action adjustments applied. Cathay General operates in the financial services sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. Results are based on historical returns and do not predict future performance. This indicator is provided for informational purposes.
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