IShares MSCI Coefficient Of Variation vs. Variance
| EXCD Etf | | | 7.13 -0.01 -0.14% |
The this indicator lookup presents technical context for iShares MSCI EM and related instruments. Coverage varies by data normalization and availability; see
Equity Screeners for broader screening context.
Investing Opportunities provides context for diversified portfolio design. Such insight adds context to allocation decisions within a diversified portfolio. The allocation includes a position in iShares MSCI EM 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 inflation.
iShares MSCI EM has current Coefficient Of Variation of 671.69. 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 |
| = | 671.69 | |
IShares MSCI Coefficient Of Variation Peers Comparison
IShares Coefficient Of Variation Relative To Other Indicators
iShares MSCI EM is rated
below average. in coefficient of variation as compared to similar ETFs. It currently holds the
# 2 position in variance as compared to similar ETFs making up about
0.0025 of Variance per Coefficient Of Variation. The ratio of Coefficient Of Variation to Variance for iShares MSCI EM is roughly
397.87 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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