IShares Treasury Coefficient Of Variation vs. Variance
The this indicator indicator for iShares Treasury Bond is derived from observed market data. The calculation draws on time-series market data across available periods.
Portfolio design and allocation context appear in
Risk vs Return Analysis. Portfolio-level transparency adds depth to allocation analysis. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as
signals in inflation.
iShares Treasury Bond has current Coefficient Of Variation of
-3,096. 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 |
| = | -3,096 | |
Coefficient Of Variation Peers Comparison
Coefficient Of Variation Relative To Other Indicators
iShares Treasury Bond is rated
below average for coefficient of variation relative to ETF peers. It is currently under evaluation for variance relative to ETF peers .
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 IShares Treasury to Peers
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