Marsh McLennan Coefficient Of Variation

MSN Stock  EUR 203.40  0.80  0.39%   
Marsh McLennan coefficient-of-variation technical analysis lookup allows you to check this and other technical indicators for Marsh McLennan Companies 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
  
Marsh McLennan Companies has current Coefficient Of Variation of 3109.81. 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

 = 
3109.81
ER = Expected return on investing in Marsh McLennan
STD =   Standard Deviation of returns on Marsh McLennan

Marsh McLennan Coefficient Of Variation Peers Comparison

Marsh Coefficient Of Variation Relative To Other Indicators

Marsh McLennan Companies is regarded third in coefficient of variation category among its peers. It is rated below average in maximum drawdown category among its peers reporting about  0  of Maximum Drawdown per Coefficient Of Variation. The ratio of Coefficient Of Variation to Maximum Drawdown for Marsh McLennan Companies is roughly  448.38 
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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