Dimensional ETF Coefficient Of Variation
| DFIP Etf | | | USD 41.91 -0.07 -0.17% |
The Coefficient Of Variation technical lookup provides context for Dimensional ETF Trust and related instruments. Coverage varies by data normalization and availability; see
Equity Screeners for broader screening context.
Investing Opportunities provides context for diversified portfolio construction. Such insight adds context to allocation decisions within a diversified portfolio. This reflects a position in Dimensional ETF Trust within the portfolio mix. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
Dimensional ETF Trust has current Coefficient Of Variation of 1125.84. 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 |
| = | 1125.84 | |
Dimensional ETF Coefficient Of Variation Peers Comparison
Dimensional Coefficient Of Variation Relative To Other Indicators
Dimensional ETF Trust is rated
below average for coefficient of variation among related ETFs. It is currently under evaluation for maximum drawdown among related ETFs with Maximum Drawdown measuring nearly
0.0006 against Coefficient Of Variation. Coefficient Of Variation runs about
1,580 times Maximum Drawdown for Dimensional ETF Trust
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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