DocMorris Coefficient Of Variation
| DOCM Stock | | | 4.02 -0.07 -1.71% |
The Coefficient Of Variation reading for DocMorris AG is computed from historical trading observations. Extended technical indicator views are accessible through
Equity Screeners. DocMorris has a market cap of 198.87 M, operating margin of -9.81%, ROE of -27.47%. Use
Investing Opportunities to explore allocation context. This suggests a position in DocMorris AG. This appears in the portfolio view. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in inflation.
DocMorris AG has current Coefficient Of Variation of
-899.12. 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 |
| = | -899.12 | |
Coefficient Of Variation Peers Comparison
Coefficient Of Variation Relative To Other Indicators
DocMorris AG is rated
below average for coefficient of variation across the peer group. It is currently under evaluation for maximum drawdown across the peer group .
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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