Numinus Wellness Coefficient Of Variation
| NUMI Stock | | | 0.05 0.00 0.00% |
The Coefficient Of Variation calculation for Numinus Wellness draws on price and volume history. All inputs are based on actual trading observations from supported exchanges. Numinus Wellness has a market cap of 16.03 M, operating margin of -34.76%, ROE of -8.58%. Review
Correlation Analysis for a broader allocation view. Current allocation data is available for review. Allocation context is based on the most recent position data. All figures are based on reported data and are informational in nature. This captures an allocation to Numinus Wellness. This is part of the broader portfolio composition. How positions are weighted depends on the construction approach used. The information is analytical in nature and is not intended as a specific recommendation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in inflation.
Numinus Wellness has current Coefficient Of Variation of 0. 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 |
| = | 0 | |
Coefficient Of Variation Relative To Other Indicators
Numinus Wellness takes the leading position in coefficient of variation compared to key competitors. It is currently under evaluation in maximum drawdown compared to key competitors .
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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