Trellus Health technical analysis lookup allows you to check this and other technical indicators for Trellus Health plc or any other equities. You can select from a set of available technical indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations and data normalization technicques. Please check also Equity Screeners to view more equity screening tools
Trellus Health plc has current Coefficient Of Variation of 888.44. Coefficient of Variation (or CV) is a normalized measure of dispersion of a probability distribution. It is also known as the variation coefficient or simply unitized risk. The absolute value of the Coefficient of Variation is sometimes called Relative Standard Deviation (or RSD), which is expressed as a percentage.
Trellus Health Coefficient Of Variation Peers Comparison
Trellus Coefficient Of Variation Relative To Other Indicators
Trellus Health plc is rated fourth in coefficient of variation category among its peers. It is currently under evaluation in variance category among its peers making up about 9.13 of Variance per Coefficient Of Variation. The ratio of Variance to Coefficient Of Variation for Trellus Health plc is roughly 9.13
CV is the measure of price and return dispersion, sometimes known as unitized risk or the variation coefficient. The CV is derived from the ratio of the standard deviation to the non-zero mean and the absolute value is taken for the mean to ensure it always positive. It is sometimes expressed as a percentage, in which case the CV is multiplied by 100. Coefficient of Variation for a single equity instrument describes the dispersion of price movement or daily returns. The higher the Coefficient of Variation, the greater the dispersion of prices, and the more riskier is the asset.
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