FedEx Coefficient Of Variation
| FDX Stock | | | USD 375.93 -1.26 -0.33% |
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 FedEx's current Coefficient Of Variation with peer comparisons and related risk metrics.
Current Coefficient Of Variation Value
The current Coefficient Of Variation of 2458.55 places FedEx at 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 |
| = | 2458.55 | |
Coefficient Of Variation Peers Comparison
FedEx's Coefficient Of Variation of 2458.55 falls above the 55.82 peer average. Values range from -2038.2735 (United Parcel Service) to 2072.4 (Norfolk Southern), with wide dispersion across the group. Relative to peers, FedEx'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 FedEx 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.
FedEx's Maximum Drawdown of
13.71 runs about
0.01 times its Coefficient Of Variation of
2,459 . This indicates Maximum Drawdown falls substantially below Coefficient Of Variation for FedEx. At
179.27 , FedEx's Coefficient Of Variation-to-Maximum Drawdown multiple reflects the spread between these metrics
Methodology, Assumptions & Data Sources
FedEx has a current Coefficient Of Variation reading of 2458.55. Coefficient Of Variation for FedEx is derived by applying a defined formula to historical price observations, producing a time-series of comparable readings. The underlying data comes from exchange-reported daily closes with corporate action adjustments applied where relevant. Results are based on historical returns and do not predict future performance. This indicator is provided for informational purposes.
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