Alight Coefficient Of Variation
| ALIT Stock | | | USD 0.94 0.07 8.05% |
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 Alight's current Coefficient Of Variation with peer comparisons and related risk metrics.
Current Coefficient Of Variation Value
At
-1,624, Alight's Coefficient Of Variation indicates that Alight's expected return over the measured period is negative, meaning volatility is not being compensated by positive performance. 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 |
| = | -1,624 | |
Coefficient Of Variation Peers Comparison
Among sector peers, Alight's Coefficient Of Variation of -1624.1763 is below the 1319.13 group average. The range runs from -3027.6062 (Pagerduty) to 5177.26 (Lightspeed Commerce). Relative to peers, Alight's current CV suggests a less favorable risk-return profile over the measured period, as volatility has not translated into positive expected returns.
Coefficient Of Variation Relative To Other Indicators
The chart below plots Coefficient Of Variation against Maximum Drawdown for Alight 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.
Compare Alight to PeersMethodology, Assumptions & Data Sources
Alight's Coefficient Of Variation currently stands at -1,624. This Coefficient Of Variation reading for Alight results from applying the indicator's calculation rules to price and volume data over the selected window. All inputs are based on exchange-reported closing prices, with adjustments for stock splits, dividends, and other corporate actions. Results are based on historical returns and do not predict future performance. This indicator is provided for informational purposes.
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