CAC 40 Coefficient Of Variation

CAC
FCHI -- France Index  

 5,944  17.97  0.30%

CAC 40 coefficient-of-variation technical analysis lookup allows you to check this and other technical indicators for CAC 40 or any other equities. You can select from a set of available technical indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations and data normalization technicques. Please check also Equity Screeners to view more equity screening tools
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CAC 40 has current Coefficient Of Variation of 1722.91. Coefficient of Variation (or CV) is a normalized measure of dispersion of a probability distribution. It is also known as variation coefficient or simply unitized risk. The absolute value of Coefficient of Variation is sometimes called Relative Standard Deviation (or RSD), which is expressed as a percentage.
Coefficient Of Variation 
 = 
STD 
ER 
 = 
1722.91
ER =   Expected return on investing in CAC 40
STD =   Standard Deviation of returns on CAC 40

Coefficient Of Variation Comparison

CAC 40 cannot be rated in Coefficient Of Variation category at this point. It cannot be rated in Maximum Drawdown category at this point. reporting about  0.0038  of Maximum Drawdown per Coefficient Of Variation. The ratio of Coefficient Of Variation to Maximum Drawdown for CAC 40 is roughly  260.34 
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 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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