Goeasy Coefficient Of Variation

GSY Stock  CAD 38.20  -1.56  -3.92%   
Historical market data for goeasy forms the basis of the Coefficient Of Variation indicator shown here. Related indicator context is organized within Equity Screeners. Goeasy has a market cap of 623.33 M, operating margin of 42.43%, current ratio of 12.48. See Risk vs Return Analysis for portfolio-level analysis. goeasy can be evaluated within a portfolio framework for weight and risk impact. Weighting is typically determined by the allocation framework in use. Broader economic conditions can influence goeasy's company valuation — related indicators include signals in state.
goeasy has current Coefficient Of Variation of -597.68. 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

 = 
-597.68
ER = Expected return on investing in Goeasy
STD =   Standard Deviation of returns on Goeasy

Coefficient Of Variation Peers Comparison

Coefficient Of Variation Relative To Other Indicators

goeasy is rated below average in coefficient of variation compared to key competitors. It is currently under evaluation in maximum drawdown compared to key competitors .
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. Compare Goeasy to Peers

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