Alcoa Coefficient Of Variation

    Alcoa Corporation -- USA Stock  

    USD 42.64  1.25  3.02%

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    Alcoa Corporation has current Coefficient Of Variation of (262.86). 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.
    Alcoa 
    Coefficient Of Variation 
     = 
    STD 
    ER 
     = 
    (262.86)
    ER =   Expected return on investing in Alcoa
    STD =   Standard Deviation of returns on Alcoa

    Coefficient Of Variation Comparison

    Alcoa Corporation is rated second in coefficient of variation category among related companies. It is rated second 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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    Alcoa Corporationration engages in mining and production of bauxite, alumina, and aluminum products. more
    NameAlcoa Corporation
    Analyst Consensus
    Piotroski F Score
    Macroaxis Advice
    Bond Rating
    InstrumentUSA Stock Stocks Directory
    RegionNorth America
    ExchangeNew York Stock Exchange
    CIK Number01675149.0
    ISINUS0138721065
    CUSIP013872106
    New SymbolARNC
    CurrencyUSD - US Dollar