AAM SELECT Coefficient Of Variation
| CPUIX Fund | | | USD 9.14 -0.06 -0.65% |
The Coefficient Of Variation reading for Aam Select Income is computed from historical trading observations. Values reflect historical observations within the available dataset. Normalization methods and data feeds may affect reported values. For portfolio construction context, review
Trending Equities. Clearer exposure analysis supports long-term portfolio balance. This captures an allocation to Aam Select Income. This is part of the broader portfolio composition. How positions are weighted depends on the construction approach used. 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.
Aam Select Income has current Coefficient Of Variation of
-2,121. 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 |
| = | -2,121 | |
Coefficient Of Variation Peers Comparison
Coefficient Of Variation Relative To Other Indicators
Aam Select Income is rated
fifth in coefficient of variation among similar funds. It is currently under evaluation in maximum drawdown among similar funds .
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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