IShares Core Coefficient Of Variation vs. Variance
| IMEU Etf | | | EUR 37.21 0.20 0.54% |
Observed values used to calculate the this indicator technical indicator for iShares Core MSCI. Values may reflect normalized price or volume observations.
iShares Core MSCI has current Coefficient Of Variation of 1248.78. 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 |
| = | 1248.78 | |
IShares Core Coefficient Of Variation Peers Comparison
IShares Coefficient Of Variation Relative To Other Indicators
iShares Core MSCI is rated
below average in coefficient of variation across the ETF category. It is currently under evaluation in variance across the ETF category yielding
0.0005 of Variance per Coefficient Of Variation. For iShares Core MSCI, Coefficient Of Variation stands at
2,153 times Variance
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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