Santos Coefficient Of Variation
| STOSF Stock | | | USD 5.62 -0.08 -1.40% |
This module presents the Coefficient Of Variation indicator for Santos using available market inputs. The indicator computation uses normalized market activity data. Santos has a market cap of 16.32 B, operating margin of 37.34%, ROE of 13.61%.
World Market Map adds portfolio-level perspective. The view frames allocation within the broader portfolio. Composition figures are derived from reported holdings. The dataset reflects available inputs without directional implication. The allocation includes a position in Santos. It is distributed 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
signals in population.
Santos has current Coefficient Of Variation of 892.68. 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 |
| = | 892.68 | |
Coefficient Of Variation Peers Comparison
Coefficient Of Variation Relative To Other Indicators
Santos is rated
below average in coefficient of variation across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set at roughly
0.04 Maximum Drawdown per unit of Coefficient Of Variation. Santos carries a
24.06 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 Santos to Peers
Other Technical Indicators