IShares Global Coefficient Of Variation
| IXG ETF | | | USD 121.10 -1.38 -1.13% |
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 IShares Global's current Coefficient Of Variation with peer comparisons and related risk metrics.
Current Coefficient Of Variation Value
IShares Global's Coefficient Of Variation of
-10,736 reflects that IShares Global's expected return over the measured period is negative, meaning volatility is not being compensated by positive performance. 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 |
| = | -10,736 | |
Coefficient Of Variation Peers Comparison
The peer group averages -4012.45 for Coefficient Of Variation, with IShares Global at -10736.0891 falling below that level. Readings span -51141.4385 (iShares Insurance ETF) to 3920.53 (WisdomTree International Equity). Relative to peers, IShares Global'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 IShares Global 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 IShares Global to PeersMethodology, Assumptions & Data Sources
IShares Global's Coefficient Of Variation currently stands at -10,736. The Coefficient Of Variation for IShares Global 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. The calculation assumes continuous price data across the selected period. All readings are presented as reference data.
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