Methanex Coefficient Of Variation
| MEOH Stock | | | USD 62.37 -3.35 -5.10% |
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 Methanex's current Coefficient Of Variation with peer comparisons and related risk metrics.
Current Coefficient Of Variation Value
Methanex has a Coefficient Of Variation of 864.66, indicating 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 |
| = | 864.66 | |
Coefficient Of Variation Peers Comparison
The peer group averages -906.2 for Coefficient Of Variation, with Methanex at 864.66 falling above that level. Readings span -12639.2658 (Titan America SA) to 4363.58 (Fortuna Silver Mines). Relative to peers, Methanex'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 Methanex 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.
At
864.66 for Coefficient Of Variation and
19.65 for Maximum Drawdown, Methanex's cross-indicator ratio sits almost
0.02 . This indicates Maximum Drawdown falls substantially below Coefficient Of Variation for Methanex. Coefficient Of Variation outpaces Maximum Drawdown by
44.00 times for Methanex
Methodology, Assumptions & Data Sources
The current Coefficient Of Variation for Methanex is 864.66. The Coefficient Of Variation for Methanex is produced by transforming raw price history into a standardized measure according to the indicator's defined methodology. All inputs are based on exchange-reported closing prices, with adjustments for stock splits, dividends, and other corporate actions. Methanex operates in the basic materials sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. The output reflects the selected calculation window — changing the horizon will produce different readings. This stock metric is provided for analytical reference.
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