Airgain Coefficient Of Variation
| AIRG Stock | | | USD 7.25 0.20 2.84% |
Coefficient of Variation (CV) is a normalized measure of dispersion that relates volatility to expected return, making it a useful indicator of risk per unit of return. It is also referred to as relative standard deviation when expressed as a percentage. Below is Airgain's current Coefficient Of Variation with peer comparisons and related risk metrics.
Current Coefficient Of Variation Value
With Coefficient Of Variation at 585.89, Airgain shows high dispersion relative to expected return — volatility substantially exceeds the return signal. The magnitude of this value is unusually large in absolute terms, suggesting an unstable or weak relationship between risk and return, often driven by low or near-zero expected returns.
Coefficient Of Variation | = | STDER |
| = | 585.89 | |
Coefficient Of Variation Peers Comparison
Airgain's Coefficient Of Variation of 585.89 falls above the -631.29 peer average. Values range from -7458.4704 (Amplitech Group) to 3286.44 (Neonode), with tight clustering across the group. Relative to peers, Airgain's risk-return efficiency is above the group average.
Coefficient Of Variation Relative To Other Indicators
The chart below plots Coefficient Of Variation against Maximum Drawdown for Airgain and its peers. Each point represents one equity — position along the horizontal axis shows Coefficient Of Variation while the vertical axis shows Maximum Drawdown. Equities that cluster in different quadrants carry distinct risk-return profiles. Use the dropdowns to swap in other indicators for either axis.
Airgain records a Coefficient Of Variation of
585.89 and a Maximum Drawdown of
25.43 , yielding roughly
0.04 units of Maximum Drawdown per Coefficient Of Variation. This indicates Maximum Drawdown falls substantially below Coefficient Of Variation for Airgain. Airgain carries a
23.04 x Coefficient Of Variation-to-Maximum Drawdown ratio
Methodology, Assumptions & Data Sources
Airgain has a current Coefficient Of Variation reading of 585.89. This Coefficient Of Variation reading for Airgain results from applying the indicator's calculation rules to price and volume data over the selected window. Data sources include daily closing prices from supported exchanges, with standard corporate action adjustments applied. The output reflects the selected calculation window — changing the horizon will produce different readings. This stock metric is provided for analytical reference.
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