IShares MSCI Coefficient Of Variation
| XML Etf | | | CAD 32.39 -0.73 -2.20% |
The Coefficient Of Variation signal for iShares MSCI Min reflects patterns observed in trading data. Comparable indicator datasets are structured within
Equity Screeners.
Your Current Watchlist provides a view into diversified allocation design. Diversification context is built from the relationships between portfolio holdings. A position in iShares MSCI Min is part of the allocation. How positions are weighted depends on the construction approach used. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as
signals in inflation.
iShares MSCI Min has current Coefficient Of Variation of 1047.18. 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 |
| = | 1047.18 | |
Coefficient Of Variation Peers Comparison
Coefficient Of Variation Relative To Other Indicators
iShares MSCI Min lands at
#5 in coefficient of variation against similar ETFs. It is currently under evaluation in maximum drawdown against similar ETFs producing
0.0035 in Maximum Drawdown for each unit of Coefficient Of Variation. The spread between Coefficient Of Variation and Maximum Drawdown for iShares MSCI Min sits at
283.35 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 IShares MSCI to Peers
Other Technical Indicators