Sphere Entertainment Coefficient Of Variation
| SPHR Stock | | | 133.33 -3.40 -2.49% |
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 Sphere Entertainment's current Coefficient Of Variation with peer comparisons and related risk metrics.
Current Coefficient Of Variation Value
Sphere Entertainment has a Coefficient Of Variation of 635.74, 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 |
| = | 635.74 | |
Coefficient Of Variation Peers Comparison
The peer group averages 1730.89 for Coefficient Of Variation, with Sphere Entertainment at 635.74 falling below that level. Readings span -2349.1502 (Cogent Communications Group) to 13250.02 (IHS Holding). Relative to peers, Sphere Entertainment shows more consistent returns per unit of risk.
Coefficient Of Variation Relative To Other Indicators
The chart below plots Coefficient Of Variation against Maximum Drawdown for Sphere Entertainment 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.
Sphere Entertainment's Coefficient Of Variation reads
635.74 while Maximum Drawdown reads
28.39 , a
0.04 ratio between the two. This indicates Maximum Drawdown falls substantially below Coefficient Of Variation for Sphere Entertainment. Coefficient Of Variation runs about
22.39 times Maximum Drawdown for Sphere Entertainment Co
Methodology, Assumptions & Data Sources
The current Coefficient Of Variation for Sphere Entertainment is 635.74. Sphere Entertainment's Coefficient Of Variation is computed from historical closing prices over the selected time horizon, applying the indicator's defined mathematical transformation to raw price data. Price data is sourced from standardized end-of-day feeds across supported exchanges, normalized for corporate actions. Sphere Entertainment operates in the communication services sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. Values are specific to the selected time horizon and may differ across measurement periods. This indicator does not constitute investment advice.
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