Heart Test Coefficient Of Variation
| HSCS Stock | | | USD 1.94 0.13 7.18% |
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 Heart Test's current Coefficient Of Variation with peer comparisons and related risk metrics.
Current Coefficient Of Variation Value
At
-522.33, Heart Test exhibits that Heart Test's expected return over the measured period is negative, meaning volatility is not being compensated by positive performance in Coefficient Of Variation. 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 |
| = | -522.33 | |
Coefficient Of Variation Peers Comparison
Relative to peers, Heart Test's Coefficient Of Variation is below the group average of 4056.79. Peer readings range from -1011.0121 (Mainz Biomed BV) to 30374.28 (Biomerica), reflecting wide dispersion across the sector. Relative to peers, Heart Test's current CV suggests a less favorable risk-return profile over the measured period, as volatility has not translated into positive expected returns.
Coefficient Of Variation Relative To Other Indicators
The chart below plots Coefficient Of Variation against Maximum Drawdown for Heart Test 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.
Compare Heart Test to PeersMethodology, Assumptions & Data Sources
The current Coefficient Of Variation for Heart Test is -522.33. Coefficient Of Variation for Heart Test is derived by applying a defined formula to historical price observations, producing a time-series of comparable readings. Inputs are drawn from end-of-day closing prices reported by supported exchanges, adjusted for splits and dividends where applicable. Indicator accuracy depends on data continuity across the calculation period. Gaps in trading history may affect the output.
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