Fondo De Coefficient Of Variation

CFIBCHREN1  CLP 40,223  0.00  0.00%   
Fondo De coefficient-of-variation technical analysis lookup allows you to check this and other technical indicators for Fondo de Inversin or any other equities. You can select from a set of available technical 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
  
Fondo de Inversin has current Coefficient Of Variation of 812.4. Coefficient of Variation (or CV) is a normalized measure of dispersion of a probability distribution. It is also known as the variation coefficient or simply unitized risk. The absolute value of the Coefficient of Variation is sometimes called Relative Standard Deviation (or RSD), which is expressed as a percentage.

Coefficient Of Variation

 = 

STD

ER

 = 
812.4
ER = Expected return on investing in Fondo De
STD =   Standard Deviation of returns on Fondo De

Fondo De Coefficient Of Variation Peers Comparison

Fondo Coefficient Of Variation Relative To Other Indicators

Fondo de Inversin is fifth largest ETF in coefficient of variation as compared to similar ETFs. It is the top ETF in maximum drawdown as compared to similar ETFs reporting about  0.02  of Maximum Drawdown per Coefficient Of Variation. The ratio of Coefficient Of Variation to Maximum Drawdown for Fondo de Inversin is roughly  49.89 
CV is the measure of price and return dispersion, sometimes known as unitized risk or the variation coefficient. The CV is derived from the ratio of the standard deviation to the non-zero mean and the absolute value is taken for the mean to ensure it always positive. It is sometimes expressed as a percentage, in which case the CV is multiplied by 100. Coefficient of Variation for a single equity instrument describes the dispersion of price movement or daily returns. The higher the Coefficient of Variation, the greater the dispersion of prices, and the more riskier is the asset.
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