## Boralex Inc Coefficient Of Variation |

BRLXF -- USA Stock | ## USD 18.07 1.54 9.32% |

Symbol |

| = | 548.62 |

ER | = | Expected return on investing in Boralex Inc |

STD | = | Standard Deviation of returns on Boralex Inc |

## Coefficient Of Variation Comparison

Boralex Inc Cl A is rated

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.**below average**in coefficient of variation category among related companies. It is currently under evaluation in maximum drawdown category among related companies reporting about 0.017 of Maximum Drawdown per Coefficient Of Variation. The ratio of Coefficient Of Variation to Maximum Drawdown for Boralex Inc Cl A is roughly 58.89Coefficient Of Variation |

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## Thematic Opportunities

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## Boralex Inc Technical Signals

### All Boralex Inc Technical Indicators

Cycle Indicators | |

Math Operators | |

Math Transform | |

Momentum Indicators | |

Overlap Studies | |

Pattern Recognition | |

Price Transform | |

Statistic Functions | |

Volatility Indicators | |

Volume Indicators |

Risk Adjusted Performance | 0.1354 | ||

Market Risk Adjusted Performance | 3.5 | ||

Mean Deviation | 0.6447 | ||

Coefficient Of Variation | 548.62 | ||

Standard Deviation | 1.48 | ||

Variance | 2.19 | ||

Information Ratio | 0.1098 | ||

Jensen Alpha | 0.2527 | ||

Total Risk Alpha | 0.0581 | ||

Treynor Ratio | 3.49 | ||

Maximum Drawdown | 9.32 | ||

Potential Upside | 2.15 | ||

Skewness | 4.22 | ||

Kurtosis | 23.21 |

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