BlackRock Industry Coefficient Of Variation
| INRO ETF | | | 34.92 -0.24 -0.68% |
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 BlackRock Industry's current Coefficient Of Variation with peer comparisons and related risk metrics.
Current Coefficient Of Variation Value
BlackRock Industry's Coefficient Of Variation of 616.62 reflects 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 |
| = | 616.62 | |
Coefficient Of Variation Peers Comparison
The peer group averages 936.94 for Coefficient Of Variation, with BlackRock Industry at 616.62 falling below that level. Readings span 577.04 (QRAFT AI Enhanced Large) to 1631.55 (Nushares ETF Trust). Relative to peers, BlackRock Industry shows more consistent returns per unit of risk.
Coefficient Of Variation Relative To Other Indicators
The chart below plots Coefficient Of Variation against Maximum Drawdown for BlackRock Industry 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.
BlackRock Industry shows nearly
0.01 of Maximum Drawdown per unit of Coefficient Of Variation (
616.62 versus
4.20 ). This indicates Maximum Drawdown falls substantially below Coefficient Of Variation for BlackRock Industry. The spread between Coefficient Of Variation and Maximum Drawdown for BlackRock Industry Rotation sits at
146.73 Methodology, Assumptions & Data Sources
BlackRock Industry has a current Coefficient Of Variation reading of 616.62. The Coefficient Of Variation for BlackRock Industry is produced by transforming raw price history into a standardized measure according to the indicator's defined methodology. The underlying data comes from exchange-reported daily closes with corporate action adjustments applied where relevant. Indicator accuracy depends on data continuity across the calculation period. Gaps in trading history may affect the output.
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