Centerra Gold Mean Deviation
| CGAU Stock | | | USD 18.01 1.18 7.01% |
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 Centerra Gold's current Mean Deviation with peer comparisons and related risk metrics.
Current Mean Deviation Value
Centerra Gold has a Mean Deviation of 2.82, indicating moderate price variability. This places Centerra Gold within the typical volatility range for Stock.
Mean Deviation | = | SUM(RET DEV)N |
| = | 2.82 | |
| SUM | = | Summation notation |
| RET DEV | = | Sum of return deviations of Centerra Gold |
| N | = | Number of calculation points for selected time horizon |
Mean Deviation Peers Comparison
Among sector peers, Centerra Gold's Mean Deviation of 2.82 is below the 13.68 group average. The range runs from 0.6683 (Allied Gold) to 109.31 (Aris Mining). Centerra Gold 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 Centerra Gold 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.
Comparing Mean Deviation (
2.82 ) to Maximum Drawdown (
17.50 ) for Centerra Gold yields a
6.21 multiple. This indicates Maximum Drawdown substantially exceeds Mean Deviation for Centerra Gold.
Methodology, Assumptions & Data Sources
The current Mean Deviation for Centerra Gold is 2.82. This Mean Deviation reading for Centerra Gold results from applying the indicator's calculation rules to price and volume data over the selected window. Data sources include daily closing prices from supported exchanges, with standard corporate action adjustments applied. Values are specific to the selected time horizon and may differ across measurement periods. This indicator does not constitute investment advice.
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