Acclivity Small Coefficient Of Variation

AXVIX Fund  USD 19.33  0.01  0.05%   
The Coefficient Of Variation technical lookup provides context for Acclivity Small Cap and related instruments. Coverage varies by data normalization and availability; see Equity Screeners for broader screening context. Trending Equities provides context for diversified portfolio construction. Such insight adds context to allocation decisions within a diversified portfolio. This reflects a position in Acclivity Small Cap within the portfolio mix. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
  
Acclivity Small Cap has current Coefficient Of Variation of 1038.53. 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

 = 
1038.53
ER = Expected return on investing in Acclivity Small
STD =   Standard Deviation of returns on Acclivity Small

Acclivity Small Coefficient Of Variation Peers Comparison

Acclivity Coefficient Of Variation Relative To Other Indicators

Acclivity Small Cap ranks as the leading mutual fund in coefficient of variation among similar funds. It is currently under evaluation. in maximum drawdown among similar funds reporting about 0.01 of Maximum Drawdown per Coefficient Of Variation. The ratio of Coefficient Of Variation to Maximum Drawdown for Acclivity Small Cap is roughly 200.45
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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