Wealth Minerals Coefficient Of Variation
| WMLLF Stock | | | USD 0.05 0.00 0.00% |
Wealth Minerals coefficient of variation lookup summarizes this and related technical indicators for Wealth Minerals. Some instruments may have limited coverage due to data differences;
Equity Screeners lists screening tools. Wealth Minerals has a market cap of 98.9 M, ROE of -31.27%. Review
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Wealth Minerals has current Coefficient Of Variation of 2112.95. 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 |
| = | 2112.95 | |
Wealth Minerals Coefficient Of Variation Peers Comparison
Wealth Coefficient Of Variation Relative To Other Indicators
Wealth Minerals holds the top spot in coefficient of variation across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set at roughly
0.03 Maximum Drawdown per unit of Coefficient Of Variation. Wealth Minerals carries a
39.62 x Coefficient Of Variation-to-Maximum Drawdown ratio
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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