Apollo Power Coefficient Of Variation

APLP Stock   370.90  -13.00  -3.39%   
Apollo Power coefficient of variation lookup summarizes this and related technical indicators for Apollo Power. Coverage varies by data normalization and availability; see Equity Screeners for broader screening context. Apollo Power has a market cap of 1.41 B, operating margin of -14.7%, ROE of -50.85%. Use Trending Equities to explore allocation context. This includes a position in Apollo Power 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.
  
Apollo Power has current Coefficient Of Variation of 13482.96. 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

 = 
13482.96
ER = Expected return on investing in Apollo Power
STD =   Standard Deviation of returns on Apollo Power

Apollo Power Coefficient Of Variation Peers Comparison

Apollo Coefficient Of Variation Relative To Other Indicators

Apollo Power ranks as the leading stock in coefficient of variation category among its top competitors. It is currently under evaluation. in maximum drawdown category among its top competitors reporting about 0.0018 of Maximum Drawdown per Coefficient Of Variation. The ratio of Coefficient Of Variation to Maximum Drawdown for Apollo Power is roughly 562.61
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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