BMO Money Coefficient Of Variation
| ZMMK Etf | | | 49.86 0.01 0.02% |
This technical indicator view for Coefficient Of Variation organizes signals for BMO Money Market and comparable instruments. Data availability can vary by region and feed;
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BMO Money Market has current Coefficient Of Variation of 189.75. 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 |
| = | 189.75 | |
BMO Money Coefficient Of Variation Peers Comparison
BMO Coefficient Of Variation Relative To Other Indicators
BMO Money Market is rated
below average. in coefficient of variation as compared to similar ETFs. It is currently under evaluation. in maximum drawdown as compared to similar ETFs reporting about
0.0004 of Maximum Drawdown per Coefficient Of Variation. The ratio of Coefficient Of Variation to Maximum Drawdown for BMO Money Market is roughly
2,354 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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