Western Midstream Coefficient Of Variation
| WES Stock | | | USD 43.49 0.19 0.44% |
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 Western Midstream's current Coefficient Of Variation with peer comparisons and related risk metrics.
Current Coefficient Of Variation Value
Western Midstream registers a Coefficient Of Variation of 1127.87, reflecting 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 |
| = | 1127.87 | |
Coefficient Of Variation Peers Comparison
Western Midstream falls above the 1070.98 peer average for Coefficient Of Variation. Nextracker Class A leads at 2076.4 while TechnipFMC PLC registers the lowest at 570.39. Relative to peers, Western Midstream'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 Western Midstream 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.
Comparing Coefficient Of Variation (
1,128 ) to Maximum Drawdown (
8.05 ) for Western Midstream yields a
0.01 multiple. This indicates Maximum Drawdown falls substantially below Coefficient Of Variation for Western Midstream. For Western Midstream Partners, Coefficient Of Variation stands at
140.08 times Maximum Drawdown
Methodology, Assumptions & Data Sources
Western Midstream has a current Coefficient Of Variation reading of 1127.87. Western Midstream'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. Data sources include daily closing prices from supported exchanges, with standard corporate action adjustments applied. Western Midstream operates in the energy sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. Results are based on historical returns and do not predict future performance. This indicator is provided for informational purposes.
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