Galadari Hotels Coefficient Of Variation

GHLLN0000  LKR 17.30  0.20  1.14%   
Galadari Hotels coefficient-of-variation technical analysis lookup allows you to check this and other technical indicators for Galadari Hotels Lanka 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
  
Galadari Hotels Lanka has current Coefficient Of Variation of 645.14. 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

 = 
645.14
ER = Expected return on investing in Galadari Hotels
STD =   Standard Deviation of returns on Galadari Hotels

Galadari Hotels Coefficient Of Variation Peers Comparison

2.7K645.377.397.446.-76%-42%5%12%

Galadari Coefficient Of Variation Relative To Other Indicators

Galadari Hotels Lanka is rated # 3 in coefficient of variation category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about  0.02  of Maximum Drawdown per Coefficient Of Variation. The ratio of Coefficient Of Variation to Maximum Drawdown for Galadari Hotels Lanka is roughly  51.31 
JavaScript chart by amCharts 3.21.15TANGN0000PINSN0000BILN0000MRHN0000LHLN0000JINSN0000GHLLN0000 05101520 02004006008001K
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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