NCS Multistage Coefficient Of Variation

NCSM Stock  USD 16.35  0.05  0.31%   
NCS Multistage coefficient-of-variation technical analysis lookup allows you to check this and other technical indicators for NCS Multistage Holdings or any other equities. You can select from a set of available technical indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations and data normalization technicques. Please check also Equity Screeners to view more equity screening tools
  
NCS Multistage Holdings has current Coefficient Of Variation of 2070.39. 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

 = 
2070.39
ER = Expected return on investing in NCS Multistage
STD =   Standard Deviation of returns on NCS Multistage

NCS Multistage Coefficient Of Variation Peers Comparison

NCS Coefficient Of Variation Relative To Other Indicators

NCS Multistage Holdings is considered to be 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  0.01  of Maximum Drawdown per Coefficient Of Variation. The ratio of Coefficient Of Variation to Maximum Drawdown for NCS Multistage Holdings is roughly  157.13 
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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