Companhia Energetica Coefficient Of Variation
| CIG Stock | | | USD 2.44 -0.03 -1.21% |
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 Companhia Energetica's current Coefficient Of Variation with peer comparisons and related risk metrics.
Current Coefficient Of Variation Value
With Coefficient Of Variation at 870.7, Companhia Energetica 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 |
| = | 870.7 | |
Coefficient Of Variation Peers Comparison
Companhia Energetica's Coefficient Of Variation of 870.7 falls above the 291.46 peer average. Values range from -3067.0883 (UNITIL) to 2932.71 (Otter Tail), with wide dispersion across the group. Relative to peers, Companhia Energetica'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 Companhia Energetica 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.
Companhia Energetica records a Coefficient Of Variation of
870.70 and a Maximum Drawdown of
10.55 , yielding roughly
0.01 units of Maximum Drawdown per Coefficient Of Variation. This indicates Maximum Drawdown falls substantially below Coefficient Of Variation for Companhia Energetica. Companhia Energetica de carries a
82.55 x Coefficient Of Variation-to-Maximum Drawdown ratio
Methodology, Assumptions & Data Sources
The current Coefficient Of Variation for Companhia Energetica is 870.7. Coefficient Of Variation for Companhia Energetica is derived by applying a defined formula to historical price observations, producing a time-series of comparable readings. Price data is sourced from standardized end-of-day feeds across supported exchanges, normalized for corporate actions. 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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