Nordic Semiconductor Coefficient Of Variation
| NRSDY Pink Sheet | | | USD 20.38 2.23 12.29% |
Coefficient Of Variation readings for Nordic Semiconductor ASA are presented with current values, historical context, and comparative peer data. Interpretation is strongest when the reading is compared to both historical and peer benchmarks. Context for Nordic Semiconductor is enhanced by combining
Nordic Semiconductor Volatility with
Nordic Semiconductor Price History.
Current Coefficient Of Variation Value
The Coefficient Of Variation of 518.46 for Nordic Semiconductor indicates 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 |
| = | 518.46 | |
Coefficient Of Variation Peers Comparison
Relative to peers, Nordic Semiconductor's Coefficient Of Variation is above the group average of 404.42. Peer readings range from -793.7254 (Sharp) to 1054.44 (AU Optronics Corp), reflecting wide dispersion across the sector. Relative to peers, Nordic Semiconductor'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 Nordic Semiconductor 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.
Nordic Semiconductor's Maximum Drawdown of
29.41 runs about
0.06 times its Coefficient Of Variation of
518.46 . This indicates Maximum Drawdown falls substantially below Coefficient Of Variation for Nordic Semiconductor. At
17.63 , Nordic Semiconductor ASA's Coefficient Of Variation-to-Maximum Drawdown multiple reflects the spread between these metrics
Methodology, Assumptions & Data Sources
The current Coefficient Of Variation for Nordic Semiconductor is 518.46. The Coefficient Of Variation for Nordic Semiconductor 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 output reflects the selected calculation window — changing the horizon will produce different readings. This pink sheet metric is provided for analytical reference.
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