SCHWAB GLOBAL Coefficient Of Variation
| SWASX Fund | | | USD 7.08 -0.08 -1.12% |
The Coefficient Of Variation lookup presents technical context for Schwab Global Real and related instruments. Coverage varies by data normalization and availability; see
Equity Screeners for broader screening context.
World Market Map provides context for diversified portfolio design. Such insight adds context to allocation decisions within a diversified portfolio. The allocation includes a position in Schwab Global Real within the portfolio mix. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as
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Schwab Global Real has current Coefficient Of Variation of 696.55. 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 |
| = | 696.55 | |
SCHWAB GLOBAL Coefficient Of Variation Peers Comparison
SCHWAB Coefficient Of Variation Relative To Other Indicators
Schwab Global Real is rated
fifth in coefficient of variation among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
0.0042 of Maximum Drawdown per Coefficient Of Variation. At
240.76 , Schwab Global Real's Coefficient Of Variation-to-Maximum Drawdown multiple reflects the spread between these metrics
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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