Preformed Line Coefficient Of Variation
| PLPC Stock | | | USD 261.65 0.81 0.31% |
This technical indicator view for Coefficient Of Variation organizes signals for Preformed Line Products and comparable instruments. Some instruments may have limited coverage due to data differences;
Equity Screeners lists screening tools. Preformed Line has a market cap of 989.86 M, operating margin of 7.3%, ROE of 8.34%. See
Your Equity Center for portfolio-level analysis. This suggests a position in Preformed Line Products across the allocation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
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Preformed Line Products has current Coefficient Of Variation of 999.59. 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 |
| = | 999.59 | |
Preformed Line Coefficient Of Variation Peers Comparison
Preformed Coefficient Of Variation Relative To Other Indicators
Preformed Line Products holds the
#3 position for coefficient of variation relative to top peers. It is currently under evaluation for maximum drawdown relative to top peers with a Maximum Drawdown-to-Coefficient Of Variation ratio near
0.01 . The Coefficient Of Variation to Maximum Drawdown ratio for Preformed Line Products comes in at
70.25 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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