0R2V Stock | | | USD 236.00 234.29 13,701% |
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Apple Inc has current Coefficient Of Variation of 818.22. 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 |
| = | 818.22 | |
Apple Coefficient Of Variation Peers Comparison
Apple Coefficient Of Variation Relative To Other Indicators
Apple Inc is rated
fifth in coefficient of variation category among its peers. It is currently under evaluation in variance category among its peers making up about
3,477 of Variance per Coefficient Of Variation. The ratio of Variance to Coefficient Of Variation for Apple Inc is roughly
3,477 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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