Capital Power Coefficient Of Variation
| CPX Stock | | | CAD 62.48 1.28 2.09% |
The Coefficient Of Variation signal for Capital Power reflects patterns observed in trading data. Availability can differ across markets, exchanges, and instruments. Capital Power has a market cap of 9.77 B, operating margin of 3.22%, current ratio of 0.8. Portfolio-level context is available through
Trending Equities. Tracking Capital Power in a portfolio helps measure its contribution to overall performance. Position weights are derived from the selected portfolio construction methodology. Broader economic conditions can influence Capital Power's company valuation — related indicators include
signals in inflation.
Capital Power has current Coefficient Of Variation of 2776.57. 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 |
| = | 2776.57 | |
Coefficient Of Variation Peers Comparison
Coefficient Of Variation Relative To Other Indicators
Capital Power lands at
#3 in coefficient of variation compared to key competitors. It is currently under evaluation in maximum drawdown compared to key competitors producing
0.0034 in Maximum Drawdown for each unit of Coefficient Of Variation. The spread between Coefficient Of Variation and Maximum Drawdown for Capital Power sits at
292.74 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 Capital Power to Peers
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