Troilus Gold Coefficient Of Variation
| TLG Stock | | | CAD 1.26 -0.08 -5.97% |
Technical inputs supporting the Coefficient Of Variation indicator for Troilus Gold Corp are shown here. The information is based on observed market data across timeframes. Troilus Gold has a market cap of 688.84 M, ROE of -59.79%. See
World Market Map for additional portfolio context. The view frames allocation within the broader portfolio. Portfolio data reflects current holdings and their weights. All content is derived from available inputs and carries no advisory implication. The allocation includes a position in Troilus Gold Corp. It is distributed across the allocation. The weighting is determined by the allocation framework in use. The information is presented without directional commentary. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in inflation.
Troilus Gold Corp has current Coefficient Of Variation of
-1,417. 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 |
| = | -1,417 | |
Coefficient Of Variation Peers Comparison
Coefficient Of Variation Relative To Other Indicators
Troilus Gold Corp is rated
below average in coefficient of variation compared to key competitors. It is currently under evaluation in maximum drawdown compared to key competitors .
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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