UBS (Irl) Coefficient Of Variation
| DCCHAS Etf | | | CHF 64.64 -0.53 -0.81% |
Reference data associated with the Coefficient Of Variation technical indicator for UBS Fund Solutions. Indicator values reflect available price and volume data where applicable.
UBS Fund Solutions has current Coefficient Of Variation of 507.5. 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 |
| = | 507.5 | |
UBS (Irl) Coefficient Of Variation Peers Comparison
UBS Coefficient Of Variation Relative To Other Indicators
UBS Fund Solutions is rated
fourth in coefficient of variation compared to similar ETFs. It is currently under evaluation in maximum drawdown compared to similar ETFs reporting about
0.01 of Maximum Drawdown per Coefficient Of Variation. At
80.71 , UBS Fund Solutions's Coefficient Of Variation-to-Maximum Drawdown multiple reflects the spread between these metrics
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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