Almonty Industries Coefficient Of Variation
| AII Stock | | | CAD 28.90 2.15 8.04% |
The Coefficient Of Variation technical lookup provides context for Almonty Industries and related instruments. Coverage varies by data normalization and availability; see
Equity Screeners for broader screening context. Almonty Industries has market cap of 7.41 B, operating margin of -36.21%, ROE of -57.31%. Review
Trending Equities for broader portfolio context. This reflects a position in Almonty Industries within the portfolio 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.
Almonty Industries has current Coefficient Of Variation of 300.79. 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 | = | STDER |
| = | 300.79 | |
Almonty Industries Coefficient Of Variation Peers Comparison
Almonty Coefficient Of Variation Relative To Other Indicators
Almonty Industries is rated
below average. in coefficient of variation category among its top compatitors. It is currently under evaluation. in maximum drawdown category among its top compatitors reporting about
0.09 of Maximum Drawdown per Coefficient Of Variation. The ratio of Coefficient Of Variation to Maximum Drawdown for Almonty Industries is roughly
10.90 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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