| 041190 Stock | | | KRW 9,280 220.00 2.32% |
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Woori Technology Investment has current Coefficient Of Variation of 866.38. 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 | = | STDER |
| = | 866.38 | |
Woori Technology Coefficient Of Variation Peers Comparison
Woori Coefficient Of Variation Relative To Other Indicators
Woori Technology Investment is rated
fourth in coefficient of variation category among its peers. It is currently under evaluation in jensen alpha category among its peers fabricating about
0.0005 of Jensen Alpha per Coefficient Of Variation. The ratio of Coefficient Of Variation to Jensen Alpha for Woori Technology Investment is roughly
2,093 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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