PIA SHORT-TERM Coefficient Of Variation
| PIASX Fund | | | USD 10.04 -0.01 -0.1% |
The Coefficient Of Variation lookup presents technical context for Pia Short Term Securities and related instruments. Coverage varies by data normalization and availability; see
Equity Screeners for broader screening context.
Your Equity Center provides context for diversified portfolio design. Such insight adds context to allocation decisions within a diversified portfolio. The allocation includes a position in Pia Short Term Securities within the portfolio mix. 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 main economic indicators.
Pia Short Term Securities has current Coefficient Of Variation of 488.96. 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 |
| = | 488.96 | |
PIA SHORT-TERM Coefficient Of Variation Peers Comparison
PIA Coefficient Of Variation Relative To Other Indicators
Pia Short Term Securities is rated
below average in coefficient of variation among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
0.0004 of Maximum Drawdown per Coefficient Of Variation. At
2,441 , Pia Short Term Securities's Coefficient Of Variation-to-Maximum Drawdown multiple reflects the spread between these metrics
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.
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.