BEXIMCO PHARMAGDR Coefficient Of Variation

R2WA Stock  EUR 0.41  0.00  0.00%   
BEXIMCO PHARMAGDR coefficient-of-variation technical analysis lookup allows you to check this and other technical indicators for BEXIMCO PHARMAGDR REGS 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
  
BEXIMCO PHARMAGDR REGS has current Coefficient Of Variation of 417.2. 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

 = 
417.2
ER = Expected return on investing in BEXIMCO PHARMAGDR
STD =   Standard Deviation of returns on BEXIMCO PHARMAGDR

BEXIMCO PHARMAGDR Coefficient Of Variation Peers Comparison

BEXIMCO Coefficient Of Variation Relative To Other Indicators

BEXIMCO PHARMAGDR REGS is rated below average in coefficient of variation category among its peers. It is rated second in maximum drawdown category among its peers reporting about  0.08  of Maximum Drawdown per Coefficient Of Variation. The ratio of Coefficient Of Variation to Maximum Drawdown for BEXIMCO PHARMAGDR REGS is roughly  12.98 
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.
Compare BEXIMCO PHARMAGDR to Peers

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