Grupo Empresarial Coefficient Of Variation

GSJ Stock  EUR 4.77  0.05  1.06%   
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Grupo Empresarial San has current Coefficient Of Variation of 727.31. 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

 = 
727.31
ER = Expected return on investing in Grupo Empresarial
STD =   Standard Deviation of returns on Grupo Empresarial

Grupo Empresarial Coefficient Of Variation Peers Comparison

Grupo Coefficient Of Variation Relative To Other Indicators

Grupo Empresarial San is rated # 2 in coefficient of variation category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about  0.01  of Maximum Drawdown per Coefficient Of Variation. The ratio of Coefficient Of Variation to Maximum Drawdown for Grupo Empresarial San is roughly  82.95 
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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