Labrador Iron Coefficient Of Variation
| LBRMF Stock | | | USD 0.0003 -0.04 -99.33% |
The Coefficient Of Variation technical lookup provides context for Labrador Iron Mines and related instruments. Availability can vary by instrument;
Equity Screeners offers additional screening access. Labrador Iron has a market cap of 16.24 M, ROE of -3.95%. Review
Correlation Analysis for broader portfolio context. This reflects a position in Labrador Iron Mines within the allocation view. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in state.
Labrador Iron Mines has current Coefficient Of Variation of 450.04. 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 |
| = | 450.04 | |
Labrador Iron Coefficient Of Variation Peers Comparison
Labrador Coefficient Of Variation Relative To Other Indicators
Labrador Iron Mines is rated
below average in coefficient of variation across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set at roughly
26.22 Maximum Drawdown per unit of Coefficient Of Variation. Labrador Iron Mines carries a
26.22 x Maximum Drawdown-to-Coefficient Of Variation ratio
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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