PT MNC Coefficient Of Variation vs. Information Ratio

IATA Stock  IDR 52.00  6.00  10.34%   
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PT MNC Energy has current Coefficient Of Variation of 1846.73. 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

 = 
1846.73
ER = Expected return on investing in PT MNC
STD =   Standard Deviation of returns on PT MNC

PT MNC Coefficient Of Variation Peers Comparison

IATA Coefficient Of Variation Relative To Other Indicators

PT MNC Energy is currently regarded as number one stock in coefficient of variation category among its peers. It is currently under evaluation in information ratio category among its peers . The ratio of Coefficient Of Variation to Information Ratio for PT MNC Energy is about  106,747 
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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