Cannae Holdings Mean Deviation
| CNNE Stock | | | USD 13.44 -0.40 -2.89% |
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 Cannae Holdings's current Mean Deviation with peer comparisons and related risk metrics.
Current Mean Deviation Value
A Mean Deviation of 1.97 for Cannae Holdings signals moderate price variability. This places Cannae Holdings within the typical volatility range for Multi-Sector Holdings.
Mean Deviation | = | SUM(RET DEV)N |
| = | 1.97 | |
| SUM | = | Summation notation |
| RET DEV | = | Sum of return deviations of Cannae Holdings |
| N | = | Number of calculation points for selected time horizon |
Mean Deviation Peers Comparison
The peer group averages 3.36 for Mean Deviation, with Cannae Holdings at 1.97 falling below that level. Readings span 1.62 (SUPER HI INTERNATIONAL) to 6.66 (LiveWire Group). Cannae Holdings 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 Cannae Holdings 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.
With Mean Deviation at
1.97 and Maximum Drawdown at
12.06 , Cannae Holdings shows a
6.11 -to-one ratio between these indicators. This indicates Maximum Drawdown substantially exceeds Mean Deviation for Cannae Holdings.
Methodology, Assumptions & Data Sources
The current Mean Deviation for Cannae Holdings is 1.97. The Mean Deviation for Cannae Holdings applies a standardized calculation to daily closing prices and, where applicable, volume data across the selected period. Price data is sourced from standardized end-of-day feeds across supported exchanges, normalized for corporate actions. Cannae Holdings operates in the consumer cyclical sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. 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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