STATE STREET Coefficient Of Variation

SSSWX Fund  USD 494.87  -2.97  -0.60%   
The Coefficient Of Variation lookup presents technical context for State Street Equity and related instruments. Availability can vary by instrument; Equity Screeners offers additional screening access. World Market Map provides context for diversified portfolio design. Refined allocation visibility enhances overall portfolio context. The allocation includes a position in State Street Equity within the allocation view. 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 persons.
  
State Street Equity has current Coefficient Of Variation of -1,868. 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

 = 
-1,868
ER = Expected return on investing in STATE STREET
STD =   Standard Deviation of returns on STATE STREET

STATE STREET Coefficient Of Variation Peers Comparison

STATE Coefficient Of Variation Relative To Other Indicators

State Street Equity is rated below average in coefficient of variation among similar funds. It is currently under evaluation in maximum drawdown among similar funds .
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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