Forbo Holding Coefficient Of Variation
| FORN Stock | | | CHF 718.00 1.00 0.14% |
Observed values used in the Coefficient Of Variation indicator for Forbo Holding AG are included in this dataset. Data coverage may vary across sources and reporting intervals. Forbo Holding has a market cap of 1.02 B, operating margin of 8.17%, current ratio of 2.44. Allocation context is available in
Investing Opportunities. Tracking Forbo Holding AG in a portfolio provides context for performance attribution. The relative size of each holding follows the selected allocation framework. Broader economic conditions can influence Forbo Holding AG's company valuation — related indicators include
signals in inflation.
Forbo Holding AG has current Coefficient Of Variation of
-727.27. 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 |
| = | -727.27 | |
Coefficient Of Variation Peers Comparison
Coefficient Of Variation Relative To Other Indicators
Forbo Holding 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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