Provenance Gold Coefficient Of Variation

PVGDF Stock  USD 0.18  0.01  5.88%   
The Coefficient Of Variation signal for Provenance Gold Corp reflects patterns observed in trading data. Availability can differ across markets, exchanges, and instruments. Provenance Gold has a market cap of 6.59 M, current ratio of 8.3. Portfolio-level context is available through Your Equity Center. Provenance Gold Corp can be tracked within a custom portfolio for ongoing monitoring. Watchlist features allow monitoring without committing to a position. Broader economic conditions can influence Provenance Gold Corp's otc stock valuation — related indicators include signals in unemployment.
Provenance Gold Corp has current Coefficient Of Variation of 3423.87. 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

 = 

STD

ER

 = 
3423.87
ER = Expected return on investing in Provenance Gold
STD =   Standard Deviation of returns on Provenance Gold

Coefficient Of Variation Peers Comparison

Coefficient Of Variation Relative To Other Indicators

Provenance Gold Corp holds the top spot in coefficient of variation across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set at roughly 0.01 Maximum Drawdown per unit of Coefficient Of Variation. Provenance Gold Corp carries a 95.67 x Coefficient Of Variation-to-Maximum Drawdown 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. Compare Provenance Gold to Peers

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