Commercial Vehicle Mean Deviation
| CVGI Stock | | | USD 5.26 0.06 1.15% |
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 Commercial Vehicle's current Mean Deviation with peer comparisons and related risk metrics.
Current Mean Deviation Value
At 5.55, Commercial Vehicle's Mean Deviation indicates elevated price variability. This places Commercial Vehicle toward the higher end of the volatility range for Construction Machinery & Heavy Transportation Equipment.
Mean Deviation | = | SUM(RET DEV)N |
| = | 5.55 | |
| SUM | = | Summation notation |
| RET DEV | = | Sum of return deviations of Commercial Vehicle |
| N | = | Number of calculation points for selected time horizon |
Mean Deviation Peers Comparison
The peer group averages 3.3 for Mean Deviation, with Commercial Vehicle at 5.55 falling above that level. Readings span 1.85 (Century Casinos) to 4.99 (Lifetime Brands). Commercial Vehicle 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 Commercial Vehicle 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.
At
5.55 for Mean Deviation and
35.21 for Maximum Drawdown, Commercial Vehicle's cross-indicator ratio sits almost
6.34 . This indicates Maximum Drawdown substantially exceeds Mean Deviation for Commercial Vehicle.
Methodology, Assumptions & Data Sources
The current Mean Deviation for Commercial Vehicle is 5.55. The Mean Deviation for Commercial Vehicle applies a standardized calculation to daily closing prices and, where applicable, volume data across the selected period. All inputs are based on exchange-reported closing prices, with adjustments for stock splits, dividends, and other corporate actions. Commercial Vehicle operates in the consumer cyclical sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. 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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