Sailfish Royalty Coefficient Of Variation vs. Variance

FISH Stock  CAD 1.40  0.03  2.19%   
Sailfish Royalty technical analysis lookup allows you to check this and other technical indicators for Sailfish Royalty Corp or any other equities. You can select from a set of available technical indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations and data normalization technicques. Please check also Equity Screeners to view more equity screening tools
Sailfish Royalty Corp has current Coefficient Of Variation of 1144.37. 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

 = 

STD

ER

 = 
1144.37
ER = Expected return on investing in Sailfish Royalty
STD =   Standard Deviation of returns on Sailfish Royalty

Sailfish Royalty Coefficient Of Variation Peers Comparison

Sailfish Coefficient Of Variation Relative To Other Indicators

Sailfish Royalty Corp is rated # 3 in coefficient of variation category among its peers. It is currently under evaluation in variance category among its peers making up about  0.01  of Variance per Coefficient Of Variation. The ratio of Coefficient Of Variation to Variance for Sailfish Royalty Corp is roughly  140.24 
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.
Compare Sailfish Royalty to Peers

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas