Brookfield Renewable Coefficient Of Variation
| BEPC Stock | | | CAD 52.97 -2.49 -4.49% |
The Coefficient Of Variation indicator for Brookfield Renewable Corp is derived from observed market data. The dataset is based on observed market activity where data is available. Brookfield Renewable has a market cap of 9.55 B, operating margin of 21.11%, ROE of -21.96%. Review
Trending Equities for broader portfolio context. The portfolio reflects a holding in Brookfield Renewable Corp. 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 various price indices.
Brookfield Renewable Corp has current Coefficient Of Variation of 7898.42. 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 |
| = | 7898.42 | |
Coefficient Of Variation Peers Comparison
Coefficient Of Variation Relative To Other Indicators
Brookfield Renewable Corp takes the leading position in coefficient of variation compared to key competitors. It is currently under evaluation in maximum drawdown compared to key competitors producing
0.0014 in Maximum Drawdown for each unit of Coefficient Of Variation. The spread between Coefficient Of Variation and Maximum Drawdown for Brookfield Renewable Corp sits at
696.97 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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