ALPHACENTRIC INCOME Coefficient Of Variation
| IOFIX Fund | | | USD 7.24 -0.04 -0.55% |
The Coefficient Of Variation indicator for Alphacentric Income Opportunities is derived from observed market data. For broader technical screening across instruments, see
Equity Screeners.
Risk vs Return Analysis provides context for diversified portfolio design. Refined allocation visibility enhances overall portfolio context. A position in Alphacentric Income Opportunities is indicated here. It is reflected in the overall portfolio structure. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
Alphacentric Income Opportunities has current Coefficient Of Variation of
-1,727. 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 |
| = | -1,727 | |
Coefficient Of Variation Peers Comparison
Coefficient Of Variation Relative To Other Indicators
Alphacentric Income Opportunities is rated
below average in coefficient of variation among similar funds. It is currently under evaluation in maximum drawdown among similar funds .
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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