IShares Edge Coefficient Of Variation
| MVOL Etf | | | CHF 57.95 0.20 0.35% |
The Coefficient Of Variation calculation for IShares Edge draws on price and volume history. The depth of trading history affects the precision of the indicator. Portfolio design and allocation context appear in
Correlation Analysis. Position sizing and allocation together define the portfolio construction approach. Monitoring iShares Edge MSCI within a portfolio highlights how it interacts with other holdings. All values are based on available data and provided as reference information. Broader economic conditions can influence iShares Edge MSCI's etf valuation — related indicators include
signals in inflation.
iShares Edge MSCI has current Coefficient Of Variation of 11025.75. 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 |
| = | 11025.75 | |
Coefficient Of Variation Peers Comparison
Coefficient Of Variation Relative To Other Indicators
iShares Edge MSCI falls in the
second position for coefficient of variation relative to ETF peers. It is currently under evaluation for maximum drawdown relative to ETF peers reflecting a
0.0003 ratio of Maximum Drawdown to Coefficient Of Variation. iShares Edge MSCI's Coefficient Of Variation exceeds Maximum Drawdown by a factor of
3,942 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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