ASML Holding Coefficient Of Variation

ASMLF Stock  USD 1,328  -46.96  -3.42%   
The Coefficient Of Variation reading for ASML Holding NV is computed from historical trading observations. Each data point is derived from standardized price and volume feeds. Indicator reliability depends on the continuity of available trading data. Extended technical indicator views are accessible through Equity Screeners. ASML Holding has a market cap of 268.5 B, operating margin of 30.7%, ROE of 59.35%. For allocation context, review Trending Equities. Portfolio positioning is summarized for reference. Allocation figures are based on reported position values. A position in ASML Holding NV appears within the mix. The position is captured in the allocation summary. The relative size of each holding follows the allocation framework. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
ASML Holding NV has current Coefficient Of Variation of 883.73. 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

 = 
883.73
ER = Expected return on investing in ASML Holding
STD =   Standard Deviation of returns on ASML Holding

Coefficient Of Variation Peers Comparison

Coefficient Of Variation Relative To Other Indicators

ASML Holding NV is rated below average in coefficient of variation across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set at roughly 0.02 Maximum Drawdown per unit of Coefficient Of Variation. ASML Holding NV carries a 66.13 x Coefficient Of Variation-to-Maximum Drawdown ratio
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 ASML Holding to Peers

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