Crescent Point Coefficient Of Variation vs. Potential Upside

CPG Stock  USD 8.45  0.06  0.71%   
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Crescent Point Energy has current Coefficient Of Variation of 364.09. Coefficient of Variation (or CV) is a normalized measure of dispersion of a probability distribution. It is also known as the variation coefficient or simply unitized risk. The absolute value of the Coefficient of Variation is sometimes called Relative Standard Deviation (or RSD), which is expressed as a percentage.

Coefficient Of Variation

 = 

STD

ER

 = 
364.09
ER = Expected return on investing in Crescent Point
STD =   Standard Deviation of returns on Crescent Point

Crescent Point Coefficient Of Variation Peers Comparison

Crescent Coefficient Of Variation Relative To Other Indicators

Crescent Point Energy is rated below average in coefficient of variation category among related companies. It is currently under evaluation in potential upside category among related companies reporting about  0.01  of Potential Upside per Coefficient Of Variation. The ratio of Coefficient Of Variation to Potential Upside for Crescent Point Energy is roughly  135.06 
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 a 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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