# Overview

<figure><img src="https://3870127617-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FCBVnUk5c5TVytimjy972%2Fuploads%2Fgit-blob-5466bff3e9c91db55f341e02695b2f779ec2af34%2Fdocs-mayer-multiple-zscore-001.png?alt=media" alt=""><figcaption></figcaption></figure>

The indicator computes a long-term SMA (cumulative until the lookback is filled, then rolling), divides price by that SMA to form the **Mayer Multiple**, and linearly maps your chosen “undervalue” and “overvalued” multiples (e.g., 0.5× and 2.0×) to **−3σ and +3σ**.

{% content-ref url="features" %}
[features](https://docs.candelacharts.com/investing/market-valuation-and-on-chain/mayer-multiple-z-score/features)
{% endcontent-ref %}

{% content-ref url="usage" %}
[usage](https://docs.candelacharts.com/investing/market-valuation-and-on-chain/mayer-multiple-z-score/usage)
{% endcontent-ref %}

{% content-ref url="confluences" %}
[confluences](https://docs.candelacharts.com/investing/market-valuation-and-on-chain/mayer-multiple-z-score/confluences)
{% endcontent-ref %}

{% content-ref url="faqs" %}
[faqs](https://docs.candelacharts.com/investing/market-valuation-and-on-chain/mayer-multiple-z-score/faqs)
{% endcontent-ref %}

The result is a standardized **Z-Score** with an optional EMA smoothing layer, optional extreme-zone fills, and an optional bar-color gradient for heat.