Shoe Carnival Coefficient Of Variation
| SCVL Stock | | | USD 18.09 0.48 2.73% |
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 Shoe Carnival's current Coefficient Of Variation with peer comparisons and related risk metrics.
Current Coefficient Of Variation Value
Shoe Carnival's Coefficient Of Variation of
-2,326 reflects that Shoe Carnival'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 |
| = | -2,326 | |
Coefficient Of Variation Peers Comparison
The peer group averages -788.31 for Coefficient Of Variation, with Shoe Carnival at -2326.1164 falling below that level. Readings span -13618.8721 (Cooper Stnd) to 4104.23 (Legacy Housing Corp). Relative to peers, Shoe Carnival'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 Shoe Carnival 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 Shoe Carnival to PeersMethodology, Assumptions & Data Sources
The current Coefficient Of Variation for Shoe Carnival is -2,326. This Coefficient Of Variation reading for Shoe Carnival results from applying the indicator's calculation rules to price and volume data over the selected window. Price data is sourced from standardized end-of-day feeds across supported exchanges, normalized for corporate actions. Indicator accuracy depends on data continuity across the calculation period. Gaps in trading history may affect the output.
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