Best Buy Coefficient Of Variation

BBY -- USA Stock  

USD 76.11  1.87  2.40%

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Best Buy Co has current Coefficient Of Variation of 5806.54. 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.
Best Buy 
Coefficient Of Variation 
 = 
STD 
ER 
 = 
5806.54
ER =   Expected return on investing in Best Buy
STD =   Standard Deviation of returns on Best Buy

Coefficient Of Variation Comparison

Best Buy Co is number one stock in coefficient of variation category among related companies. It is currently under evaluation in maximum drawdown category among related companies reporting about  0.0009  of Maximum Drawdown per Coefficient Of Variation. The ratio of Coefficient Of Variation to Maximum Drawdown for Best Buy Co is roughly  1,146 
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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