Ballard Power Coefficient Of Variation
| BLDP Stock | | | CAD 3.49 0.11 3.25% |
Historical market data for Ballard Power Systems forms the basis of the Coefficient Of Variation indicator shown here. The indicator computation uses normalized market activity data. Ballard Power has a market cap of 1.02 B, operating margin of -103.87%, current ratio of 15.16. See
Trending Equities for portfolio-level analysis. Tracking Ballard Power Systems in a portfolio provides context for performance attribution. Position sizing depends on the allocation methodology selected for the portfolio. Broader economic conditions can influence Ballard Power Systems's company valuation — related indicators include
signals in inflation.
Ballard Power Systems has current Coefficient Of Variation of 471060.84. 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 |
| = | 471060.84 | |
Coefficient Of Variation Peers Comparison
Coefficient Of Variation Relative To Other Indicators
Ballard Power Systems takes the leading position in coefficient of variation compared to key competitors. It is currently under evaluation in maximum drawdown compared to key competitors . The spread between Coefficient Of Variation and Maximum Drawdown for Ballard Power Systems sits at
26,340 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 Ballard Power to Peers
Other Technical Indicators