Courtside Group Mean Deviation
| PODC Stock | | | 3.80 0.37 10.79% |
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 Courtside Group's current Mean Deviation with peer comparisons and related risk metrics.
Current Mean Deviation Value
With Mean Deviation at 4.3, Courtside Group shows elevated price variability. This places Courtside Group toward the higher end of the volatility range for Movies & Entertainment.
Mean Deviation | = | SUM(RET DEV)N |
| = | 4.3 | |
| SUM | = | Summation notation |
| RET DEV | = | Sum of return deviations of Courtside Group |
| N | = | Number of calculation points for selected time horizon |
Mean Deviation Peers Comparison
Courtside Group falls above the 3.44 peer average for Mean Deviation. Jinxin Technology Holding leads at 5.39 while TuanChe ADR registers the lowest at 1.21. Courtside Group 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 Courtside Group 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
4.30 and Maximum Drawdown at
29.41 , Courtside Group shows a
6.84 -to-one ratio between these indicators. This indicates Maximum Drawdown substantially exceeds Mean Deviation for Courtside Group.
Methodology, Assumptions & Data Sources
The current Mean Deviation for Courtside Group is 4.3. The Mean Deviation for Courtside Group applies a standardized calculation to daily closing prices and, where applicable, volume data across the selected period. Inputs are drawn from end-of-day closing prices reported by supported exchanges, adjusted for splits and dividends where applicable. Courtside Group operates in the communication services sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. The calculation assumes continuous price data across the selected period. All readings are presented as reference data.
Other Technical Indicators