CVS Health Coefficient Of Variation

CVS -- USA Stock  

USD 65.15  0.99  1.50%

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CVS Health Corporation has current Coefficient Of Variation of 645.79. 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.
CVS Health 
Coefficient Of Variation 
 = 
STD 
ER 
 = 
645.79
ER =   Expected return on investing in CVS Health
STD =   Standard Deviation of returns on CVS Health

Coefficient Of Variation Comparison

CVS Health Corporation is rated below average in coefficient of variation category among related companies. It is number one stock in maximum drawdown category among related companies .
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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