INOV Etf | | | USD 28.88 0.06 0.21% |
Innovator ETFs coefficient-of-variation technical analysis lookup allows you to check this and other technical indicators for Innovator ETFs Trust 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
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Innovator ETFs Trust has current Coefficient Of Variation of
(4,076). 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 | = | STDER |
| = | (4,076) | |
Innovator ETFs Coefficient Of Variation Peers Comparison
Innovator Coefficient Of Variation Relative To Other Indicators
Innovator ETFs Trust is rated
fourth overall ETF in coefficient of variation as compared to similar ETFs. It is currently under evaluation in maximum drawdown as compared to similar ETFs .
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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