George Weston Coefficient Of Variation

WN Stock  CAD 95.28  -1.14  -1.18%   
The Coefficient Of Variation signal for George Weston Limited reflects patterns observed in trading data. All values reflect available price and volume data across reporting intervals. Availability can differ across markets, exchanges, and instruments. George Weston has a market cap of 36.43 B, operating margin of 7.11%, ROE of 18.15%. Review Your Current Watchlist for broader portfolio context. The overview captures current portfolio composition. A position in George Weston Limited is part of the allocation. This appears in the portfolio view. Portfolio construction methods define how positions are sized. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
George Weston Limited has current Coefficient Of Variation of 4758.19. 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

 = 

STD

ER

 = 
4758.19
ER = Expected return on investing in George Weston
STD =   Standard Deviation of returns on George Weston

Coefficient Of Variation Peers Comparison

Coefficient Of Variation Relative To Other Indicators

George Weston Limited lands at #2 in coefficient of variation compared to key competitors. It is currently under evaluation in maximum drawdown compared to key competitors producing 0.0015 in Maximum Drawdown for each unit of Coefficient Of Variation. The spread between Coefficient Of Variation and Maximum Drawdown for George Weston Limited sits at 661.09
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. Compare George Weston to Peers

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