ICON PLC Coefficient Of Variation
| ICLR Stock | | | USD 125.00 0.87 0.70% |
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 ICON PLC's current Coefficient Of Variation with peer comparisons and related risk metrics.
Current Coefficient Of Variation Value
At 57179.73, ICON PLC's Coefficient Of Variation indicates 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 |
| = | 57179.73 | |
Coefficient Of Variation Peers Comparison
Among sector peers, ICON PLC's Coefficient Of Variation of 57179.73 is above the 132.26 group average. The range runs from -7101.7353 (Guardant Health) to 8708.7 (Revvity). Relative to peers, ICON PLC'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 ICON PLC 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.
ICON PLC's Coefficient Of Variation reads
57,180 while Maximum Drawdown reads
43.43 , a
0.0008 ratio between the two. This indicates Maximum Drawdown falls substantially below Coefficient Of Variation for ICON PLC. Coefficient Of Variation runs about
1,317 times Maximum Drawdown for ICON PLC
Methodology, Assumptions & Data Sources
The current Coefficient Of Variation for ICON PLC is 57179.73. Coefficient Of Variation for ICON PLC 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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