GreenFirst Forest Coefficient Of Variation
| GFP Stock | | | 2.38 -0.01 -0.42% |
This technical indicator view for Coefficient Of Variation organizes signals for GreenFirst Forest Products and comparable instruments. Some instruments may have limited coverage due to data differences;
Equity Screeners lists screening tools. GreenFirst Forest has a market cap of 55.01 M, operating margin of -72.53%, ROE of -74.9%. See
Risk vs Return Analysis for portfolio-level analysis. This suggests a position in GreenFirst Forest Products across the allocation. 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.
GreenFirst Forest Products has current Coefficient Of Variation of 866.69. 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 |
| = | 866.69 | |
GreenFirst Forest Coefficient Of Variation Peers Comparison
GreenFirst Coefficient Of Variation Relative To Other Indicators
GreenFirst Forest Products is rated
below average in coefficient of variation compared to key competitors. It is currently under evaluation in maximum drawdown compared to key competitors producing
0.03 in Maximum Drawdown for each unit of Coefficient Of Variation. The spread between Coefficient Of Variation and Maximum Drawdown for GreenFirst Forest Products sits at
31.06 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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