Valeura Energy Coefficient Of Variation
| VLE Stock | | | CAD 14.61 0.37 2.60% |
The Coefficient Of Variation indicator for Valeura Energy is constructed from normalized market data. The
Equity Screeners module supports multi-indicator technical analysis. Valeura Energy has a market cap of 1.54 B, operating margin of -0.22%, current ratio of 7.81. See
World Market Map for portfolio-level analysis. Tracking Valeura Energy in a portfolio helps measure its contribution to overall performance. This information is provided for contextual purposes. Broader economic conditions can influence Valeura Energy's company valuation — related indicators include
signals in state.
Valeura Energy has current Coefficient Of Variation of 306.2. 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 |
| = | 306.2 | |
Coefficient Of Variation Peers Comparison
Coefficient Of Variation Relative To Other Indicators
Valeura Energy is rated
below average in coefficient of variation compared to key competitors. It is currently under evaluation in maximum drawdown compared to key competitors producing
0.05 in Maximum Drawdown for each unit of Coefficient Of Variation. The spread between Coefficient Of Variation and Maximum Drawdown for Valeura Energy sits at
19.77 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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