Dundee Precious Coefficient Of Variation

DPMLF Stock  USD 39.25  -0.65  -1.63%   
The Coefficient Of Variation technical lookup provides context for Dundee Precious Metals and related instruments. Coverage depends on data availability and normalization; Equity Screeners provides additional screening context. Dundee Precious has market cap of 1.15 B, P/E of 4.44, operating margin of 26.16%. Review Investing Opportunities for broader portfolio context. This reflects a position in Dundee Precious Metals 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 board of governors.
  
Dundee Precious Metals has current Coefficient Of Variation of 595.13. 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

 = 

STD

ER

 = 
595.13
ER = Expected return on investing in Dundee Precious
STD =   Standard Deviation of returns on Dundee Precious

Dundee Precious Coefficient Of Variation Peers Comparison

Dundee Coefficient Of Variation Relative To Other Indicators

Dundee Precious Metals is rated below average. in coefficient of variation category among its top compatitors. It is currently under evaluation. in maximum drawdown category among its top compatitors reporting about 0.03 of Maximum Drawdown per Coefficient Of Variation. The ratio of Coefficient Of Variation to Maximum Drawdown for Dundee Precious Metals is roughly 29.31
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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