Facebook Coefficient Of Variation vs. Jensen Alpha

Facebook Inc -- USA Stock  

USD 179.59  0.59  0.33%

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Facebook Inc has current Coefficient Of Variation of 1022.59. 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.
Facebook 
Coefficient Of Variation 
 = 
STD 
ER 
 = 
1022.59
ER =   Expected return on investing in Facebook
STD =   Standard Deviation of returns on Facebook

Coefficient Of Variation Comparison

Facebook Inc is rated # 3 in coefficient of variation category among related companies. It is rated # 4 in jensen alpha category among related companies fabricating about  0.0001  of Jensen Alpha per Coefficient Of Variation. The ratio of Coefficient Of Variation to Jensen Alpha for Facebook Inc is roughly  11,115 
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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Facebook, Inc. operates as a mobile application and Website that enables people to connect, share, discover, and communicate each other on mobile devices and personal computers worldwide. more
NameFacebook Inc
Analyst Consensus
Piotroski F Score
Macroaxis Advice
InstrumentUSA Stock Stocks Directory
RegionNorth America
ExchangeNASDAQ
CIK Number01326801.0
ISINUS30303M1027
CUSIP30303M102
CurrencyUSD - US Dollar