Chegg Mean Deviation
| CHGG Stock | | | USD 1.03 0.06 6.19% |
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 Chegg's current Mean Deviation with peer comparisons and related risk metrics.
Current Mean Deviation Value
Chegg carries a Mean Deviation of 5.25, consistent with elevated price variability. This places Chegg toward the higher end of the volatility range for Stock.
Mean Deviation | = | SUM(RET DEV)N |
| = | 5.25 | |
| SUM | = | Summation notation |
| RET DEV | = | Sum of return deviations of Chegg |
| N | = | Number of calculation points for selected time horizon |
Mean Deviation Peers Comparison
Chegg's Mean Deviation of 5.25 falls above the 4.58 peer average. Values range from 1.46 (Acme United) to 11.0 (TCTM Kids IT), with wide dispersion across the group. Chegg has exhibited greater 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 Chegg 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.
Chegg records a Mean Deviation of
5.25 and a Maximum Drawdown of
35.55 , yielding roughly
6.76 units of Maximum Drawdown per Mean Deviation. This indicates Maximum Drawdown substantially exceeds Mean Deviation for Chegg.
Methodology, Assumptions & Data Sources
The current Mean Deviation for Chegg is 5.25. Mean Deviation for Chegg is derived by applying a defined formula to historical price observations, producing a time-series of comparable readings. All inputs are based on exchange-reported closing prices, with adjustments for stock splits, dividends, and other corporate actions. The output reflects the selected calculation window — changing the horizon will produce different readings. This stock metric is provided for analytical reference.
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