Mahaka Media Coefficient Of Variation

ABBA Stock  IDR 28.00  1.00  3.45%   
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Mahaka Media Tbk has current Coefficient Of Variation of 4801.43. 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

 = 
4801.43
ER = Expected return on investing in Mahaka Media
STD =   Standard Deviation of returns on Mahaka Media

Mahaka Media Coefficient Of Variation Peers Comparison

Mahaka Coefficient Of Variation Relative To Other Indicators

Mahaka Media Tbk is rated second 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 Mahaka Media Tbk is roughly  259.52 
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 Mahaka Media to Peers

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