KGHM Polska Coefficient Of Variation vs. Variance

KGHA Stock  EUR 30.31  1.35  4.26%   
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KGHM Polska Miedz has current Coefficient Of Variation of 36981.58. 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

 = 

STD

ER

 = 
36981.58
ER = Expected return on investing in KGHM Polska
STD =   Standard Deviation of returns on KGHM Polska

KGHM Polska Coefficient Of Variation Peers Comparison

KGHM Coefficient Of Variation Relative To Other Indicators

KGHM Polska Miedz is currently regarded as number one stock in coefficient of variation category among its peers. It is currently under evaluation in variance category among its peers making up about  0.0002  of Variance per Coefficient Of Variation. The ratio of Coefficient Of Variation to Variance for KGHM Polska Miedz is roughly  4,574 
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.
Compare KGHM Polska to Peers

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