TD Active Coefficient Of Variation
| TPRF Etf | | | CAD 12.53 -0.03 -0.24% |
The Coefficient Of Variation calculation for TD Active draws on price and volume history. Data availability for the calculation period determines indicator completeness. Use
World Market Map to explore diversified allocation structure. The construction of a diversified portfolio involves managing position exposure. TD Active Preferred can be tracked within a custom portfolio for ongoing monitoring. Watchlist features allow monitoring without committing to a position. Broader economic conditions can influence TD Active Preferred's etf valuation — related indicators include
signals in inflation.
TD Active Preferred has current Coefficient Of Variation of 894.18. 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 |
| = | 894.18 | |
Coefficient Of Variation Peers Comparison
Coefficient Of Variation Relative To Other Indicators
TD Active Preferred lands at
#5 in coefficient of variation against similar ETFs. It is currently under evaluation in maximum drawdown against similar ETFs producing
0.0012 in Maximum Drawdown for each unit of Coefficient Of Variation. The spread between Coefficient Of Variation and Maximum Drawdown for TD Active Preferred sits at
864.86 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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