Innovative Portfolios Coefficient Of Variation

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Innovative Portfolios coefficient of variation lookup summarizes this and related technical indicators for Innovative Portfolios. Some instruments may have limited coverage due to data differences; Equity Screeners lists screening tools. Use Risk vs Return Analysis to better understand diversified portfolio construction. Additional portfolio transparency improves capital positioning. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in discontinued.
Innovative Portfolios has current Coefficient Of Variation of 902.39. 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

 = 
902.39
ER = Expected return on investing in Innovative Portfolios
STD =   Standard Deviation of returns on Innovative Portfolios

Innovative Portfolios Coefficient Of Variation Peers Comparison

Innovative Coefficient Of Variation Relative To Other Indicators

Innovative Portfolios is ranked third relative to etfs in coefficient of variation as compared to similar ETFs. It is currently under evaluation. in maximum drawdown as compared to similar ETFs reporting about 0.0047 of Maximum Drawdown per Coefficient Of Variation. The ratio of Coefficient Of Variation to Maximum Drawdown for Innovative Portfolios is roughly 211.81
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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