UBS Barclays Coefficient Of Variation vs. Variance

UC85 Etf   1,406  3.75  0.27%   
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UBS Barclays Liquid has current Coefficient Of Variation of 11631.97. 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.

Coefficient Of Variation

 = 

STD

ER

 = 
11631.97
ER = Expected return on investing in UBS Barclays
STD =   Standard Deviation of returns on UBS Barclays

UBS Barclays Coefficient Of Variation Peers Comparison

UBS Coefficient Of Variation Relative To Other Indicators

UBS Barclays Liquid is rated second in coefficient of variation as compared to similar ETFs. It is rated below average in variance as compared to similar ETFs . The ratio of Coefficient Of Variation to Variance for UBS Barclays Liquid is about  92,759 
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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