Steel Partners Coefficient Of Variation
| SPLPDelisted Stock | | | USD 50.00 -0.10 -0.20% |
The Coefficient Of Variation technical lookup provides context for Steel Partners Holdings and related instruments. Coverage depends on data availability and normalization;
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Steel Partners Holdings has current Coefficient Of Variation of 1209.24. 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 |
| = | 1209.24 | |
Steel Partners Coefficient Of Variation Peers Comparison
Steel Coefficient Of Variation Relative To Other Indicators
Steel Partners Holdings is regarded as the highest-ranked otc stock in coefficient of variation category among its top compatitors. It is currently under evaluation. in maximum drawdown category among its top compatitors reporting about
0.02 of Maximum Drawdown per Coefficient Of Variation. The ratio of Coefficient Of Variation to Maximum Drawdown for Steel Partners Holdings is roughly
45.14 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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