Steel Dynamics Coefficient Of Variation
| STLD Stock | | | MXN 4,040 41.00 1.03% |
This reference covers Coefficient Of Variation for Steel Dynamics, with current readings, historical data, and sector peer comparisons.
Equity Screeners provide multi-indicator filtering for broader technical analysis. Supplemental context on Steel Dynamics is available through
Steel Dynamics Volatility and
Steel Dynamics Price History.
Current Coefficient Of Variation Value
Steel Dynamics's Coefficient Of Variation of 811.99 reflects 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 |
| = | 811.99 | |
Coefficient Of Variation Peers Comparison
Steel Dynamics's Coefficient Of Variation of 811.99 falls above the 37.33 peer average. Values range from -3483.6063 (Grupo Sports World) to 2449.15 (FibraHotel), with wide dispersion across the group. Relative to peers, Steel Dynamics'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 Steel Dynamics 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.
Steel Dynamics's Maximum Drawdown of
15.56 runs about
0.02 times its Coefficient Of Variation of
811.99 . This indicates Maximum Drawdown falls substantially below Coefficient Of Variation for Steel Dynamics. At
52.17 , Steel Dynamics's Coefficient Of Variation-to-Maximum Drawdown multiple reflects the spread between these metrics
Methodology, Assumptions & Data Sources
Steel Dynamics' Coefficient Of Variation currently stands at 811.99. Steel Dynamics' 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. Inputs are drawn from end-of-day closing prices reported by supported exchanges, adjusted for splits and dividends where applicable. The calculation assumes continuous price data across the selected period. All readings are presented as reference data.
Other Technical Indicators