FRANKLIN REAL Coefficient Of Variation
| FREEX Fund | | | USD 16.15 -0.52 -3.12% |
The Coefficient Of Variation indicator for FRANKLIN REAL is constructed from normalized market data. All inputs reflect available trading data across supported markets. Some instruments may report limited inputs depending on trading history.
Investing Opportunities provides a view into diversified allocation design. Such insight adds context to allocation decisions within a diversified portfolio. Diversification analysis considers the interaction of positions within a portfolio. All figures are based on reported data and are informational in nature. A position in Franklin Real Estate is part of the allocation. It is reflected in the overall portfolio structure. How positions are weighted depends on the construction approach used. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as
signals in unemployment.
Franklin Real Estate has current Coefficient Of Variation of 907.26. 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 |
| = | 907.26 | |
Coefficient Of Variation Peers Comparison
Coefficient Of Variation Relative To Other Indicators
Franklin Real Estate is rated
below average in coefficient of variation among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
0.0035 of Maximum Drawdown per Coefficient Of Variation. At
284.48 , Franklin Real Estate's Coefficient Of Variation-to-Maximum Drawdown multiple reflects the spread between these metrics
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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