Star Gas Mean Deviation
| SGU Stock | | | USD 12.94 -0.51 -3.79% |
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 Star Gas's current Mean Deviation with peer comparisons and related risk metrics.
Current Mean Deviation Value
The current Mean Deviation of 0.917 places Star Gas at low price variability. This places Star Gas at the lower end of the volatility range for Gas Utilities.
Mean Deviation | = | SUM(RET DEV)N |
| = | 0.917 | |
| SUM | = | Summation notation |
| RET DEV | = | Sum of return deviations of Star Gas |
| N | = | Number of calculation points for selected time horizon |
Mean Deviation Peers Comparison
Star Gas falls below the 2.21 peer average for Mean Deviation. Oil States International leads at 3.19 while GasLog Partners LP registers the lowest at 0.4005. Star Gas 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 Star Gas 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.
Comparing Mean Deviation (
0.92 ) to Maximum Drawdown (
4.53 ) for Star Gas yields a
4.94 multiple. This indicates Maximum Drawdown is significantly higher than Mean Deviation for Star Gas.
Methodology, Assumptions & Data Sources
Star Gas has a current Mean Deviation reading of 0.917. The Mean Deviation for Star Gas is produced by transforming raw price history into a standardized measure according to the indicator's defined methodology. Data sources include daily closing prices from supported exchanges, with standard corporate action adjustments applied. Star Gas operates in the utilities 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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