Invesco BulletShares Coefficient Of Variation
| BSJS Etf | | | USD 21.71 -0.05 -0.23% |
Invesco BulletShares coefficient of variation lookup summarizes this and related technical indicators for Invesco BulletShares 2028. Coverage varies by data normalization and availability; see
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Invesco BulletShares 2028 has current Coefficient Of Variation of 3494.39. 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 |
| = | 3494.39 | |
Invesco BulletShares Coefficient Of Variation Peers Comparison
Invesco Coefficient Of Variation Relative To Other Indicators
Invesco BulletShares 2028 maintains a
second standing in coefficient of variation across the ETF category. It is currently under evaluation in maximum drawdown across the ETF category yielding
0.0002 of Maximum Drawdown per Coefficient Of Variation. For Invesco BulletShares 2028, Coefficient Of Variation stands at
5,088 times Maximum Drawdown
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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