Citigroup Mean Deviation

The Macroaxis Technical Indicators lookup allows users to check a given indicator for any equity or select from a set of available indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations and data normalization technicques. Please check also Equity Screeners to view more equity screening tools
Symbol
Refresh
Citigroup Inc has current Mean Deviation of 0.8049. The mean deviation of 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 destribution of returns.
Citigroup 
Mean Deviation 
 = 
SUM(RET DEV) 
 = 
0.8049
SUM =   Summation notation
RET DEV =   Sum of return deviations of Citigroup
N =   Number of calculation points for selected time horizon

Mean Deviation Comparison

Citigroup Inc is rated fifth in mean deviation category among related companies. It is rated fourth in maximum drawdown category among related companies reporting about  8.69  of Maximum Drawdown per Mean Deviation. The ratio of Maximum Drawdown to Mean Deviation for Citigroup Inc is roughly  8.69 
Mean Deviation is the average of the absolute values of the differences between price distribution numbers and their mean. Mean deviation of equity instrument with a lot of historical data is a biased estimator because the time horizon used in calculation will always be much smaller than the entire price history of the equity. The mean deviation is typically used as a measure of dispersion for small investment horizon, otherwise standard deviation is a better measure of dispersion.
Compare Citigroup to competition
Citigroup Inc., a diversified financial services holding company, offer various financial solutions and services for consumers, corporations, governments, and institutions worldwide. more
NameCitigroup Inc
Analyst Consensus
Piotroski F Score
Macroaxis Advice
Bond Rating
InstrumentUSA Stock
RegionNorth America
ExchangeNew York Stock Exchange
CIK Number00831001.0
ISINUS1729674242
CUSIP172967424
CurrencyUSD - US Dollar