BMTC Coefficient Of Variation

GBT Stock  CAD 13.00  -0.27  -2.03%   
The Coefficient Of Variation lookup presents technical context for BMTC Group and related instruments. Data availability can vary by region and feed; Equity Screeners provides broader screening access. BMTC has market cap of 415.37 M, P/E of 9.15, operating margin of -5.79%. Risk vs Return Analysis can help frame allocation decisions. The allocation includes a position in BMTC Group inside the allocation mix. 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.
  
BMTC Group has current Coefficient Of Variation of 2578.58. 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

 = 
2578.58
ER = Expected return on investing in BMTC
STD =   Standard Deviation of returns on BMTC

BMTC Coefficient Of Variation Peers Comparison

BMTC Coefficient Of Variation Relative To Other Indicators

BMTC Group 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 0.0049 of Maximum Drawdown per Coefficient Of Variation. The ratio of Coefficient Of Variation to Maximum Drawdown for BMTC Group is roughly 203.26
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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