NCL International Coefficient Of Variation

NCL Stock  THB 0.44  0.03  6.38%   
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NCL International Logistics has current Coefficient Of Variation of 13110.68. 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

 = 
13110.68
ER = Expected return on investing in NCL International
STD =   Standard Deviation of returns on NCL International

NCL International Coefficient Of Variation Peers Comparison

NCL Coefficient Of Variation Relative To Other Indicators

NCL International Logistics is considered to be number one stock in coefficient of variation category among its peers. It is currently under evaluation 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 NCL International Logistics is roughly  359.72 
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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