TD Q Coefficient Of Variation
| TQGD Etf | | | CAD 23.17 -0.03 -0.13% |
This technical indicator view for Coefficient Of Variation organizes signals for TD Q Global and comparable instruments. Data availability can vary by region and feed;
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TD Q Global has current Coefficient Of Variation of 2425.76. 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 |
| = | 2425.76 | |
TD Q Coefficient Of Variation Peers Comparison
TQGD Coefficient Of Variation Relative To Other Indicators
TD Q Global is evaluated as
third in coefficient of variation as compared to similar ETFs. It is currently under evaluation. in maximum drawdown as compared to similar ETFs reporting about
0.0013 of Maximum Drawdown per Coefficient Of Variation. The ratio of Coefficient Of Variation to Maximum Drawdown for TD Q Global is roughly
756.09 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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