Coterra Energy Mean Deviation
| CTRA Stock | | | USD 32.56 -3.07 -8.62% |
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 Coterra Energy's current Mean Deviation with peer comparisons and related risk metrics.
Current Mean Deviation Value
Coterra Energy has a Mean Deviation of 1.63, indicating moderate price variability. This places Coterra Energy within the typical volatility range for Stock.
Mean Deviation | = | SUM(RET DEV)N |
| = | 1.63 | |
| SUM | = | Summation notation |
| RET DEV | = | Sum of return deviations of Coterra Energy |
| N | = | Number of calculation points for selected time horizon |
Mean Deviation Peers Comparison
Among sector peers, Coterra Energy's Mean Deviation of 1.63 is below the 1.8 group average. The range runs from 0.8134 (Pembina Pipeline Corp) to 4.33 (Venture Global). Coterra Energy 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 Coterra Energy 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.
Coterra Energy's Maximum Drawdown of
8.00 runs about
4.90 times its Mean Deviation of
1.63 . This indicates Maximum Drawdown is significantly higher than Mean Deviation for Coterra Energy.
Methodology, Assumptions & Data Sources
The current Mean Deviation for Coterra Energy is 1.63. Mean Deviation for Coterra Energy is derived by applying a defined formula to historical price observations, producing a time-series of comparable readings. The underlying data comes from exchange-reported daily closes with corporate action adjustments applied where relevant. 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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