Compass Minerals Coefficient Of Variation
| CMP Stock | | | USD 27.93 -0.31 -1.10% |
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 Compass Minerals's current Coefficient Of Variation with peer comparisons and related risk metrics.
Current Coefficient Of Variation Value
Compass Minerals carries a Coefficient Of Variation of 1808.47, consistent with 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 |
| = | 1808.47 | |
Coefficient Of Variation Peers Comparison
Compass Minerals falls above the -21230.48 peer average for Coefficient Of Variation. Nouveau Monde Graphite leads at 24001.46 while NioCorp Developments Ltd registers the lowest at -211394.3747. Relative to peers, Compass Minerals'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 Compass Minerals 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.
Compass Minerals's Coefficient Of Variation reads
1,808 while Maximum Drawdown reads
14.93 , a
0.01 ratio between the two. This indicates Maximum Drawdown falls substantially below Coefficient Of Variation for Compass Minerals. Coefficient Of Variation runs about
121.11 times Maximum Drawdown for Compass Minerals International
Methodology, Assumptions & Data Sources
Compass Minerals' Coefficient Of Variation currently stands at 1808.47. Coefficient Of Variation for Compass Minerals is derived by applying a defined formula to historical price observations, producing a time-series of comparable readings. Data sources include daily closing prices from supported exchanges, with standard corporate action adjustments applied. Compass Minerals operates in the basic materials sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. Indicator accuracy depends on data continuity across the calculation period. Gaps in trading history may affect the output.
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