American Airlines Coefficient Of Variation

AAL -- USA Stock  

USD 41.49  0.53  1.26%

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American Airlines Group has current Coefficient Of Variation of 1,137. 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.
American Airlines 
Coefficient Of Variation 
 = 
STD 
ER 
 = 
1,137
ER =   Expected return on investing in American Airlines
STD =   Standard Deviation of returns on American Airlines

Coefficient Of Variation Comparison

American Airlines Group is rated below average 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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