| EMNT Stock | | | CAD 0.30 0.03 11.11% |
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Eminent Gold Corp has current Coefficient Of Variation of 2204.87. 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 | = | STDER |
| = | 2204.87 | |
Eminent Gold Coefficient Of Variation Peers Comparison
Eminent Coefficient Of Variation Relative To Other Indicators
Eminent Gold Corp is rated
# 2 in coefficient of variation category among its peers. It is currently under evaluation in jensen alpha category among its peers fabricating about
0.0001 of Jensen Alpha per Coefficient Of Variation. The ratio of Coefficient Of Variation to Jensen Alpha for Eminent Gold Corp is roughly
10,255 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.
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