Aurora Cannabis Coefficient Of Variation

ACB Stock  CAD 4.90  0.09  1.87%   
Aurora Cannabis coefficient of variation lookup summarizes this and related technical indicators for Aurora Cannabis. Data availability can vary by region and feed; Equity Screeners provides broader screening access. Aurora Cannabis has a market cap of 272.77 M, operating margin of 2.32%, ROE of -15.51%. Use Trending Equities to explore allocation context. This includes a position in Aurora Cannabis inside the allocation mix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation.
For more detail on how to invest in Aurora Stock please use our How to Invest in Aurora Cannabis guide.
  
Aurora Cannabis has current Coefficient Of Variation of -1,375. 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

 = 
-1,375
ER = Expected return on investing in Aurora Cannabis
STD =   Standard Deviation of returns on Aurora Cannabis

Aurora Cannabis Coefficient Of Variation Peers Comparison

Aurora Coefficient Of Variation Relative To Other Indicators

Aurora Cannabis is rated below average. in coefficient of variation category among its top competitors. It is currently under evaluation. in maximum drawdown category among its top competitors .
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.
Compare Aurora Cannabis to Peers

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas