American Mutual Coefficient Of Variation

RMFEX -- USA Fund  

USD 43.17  0.36  0.83%

American Mutual coefficient-of-variation technical analysis lookup allows you to check this and other technical indicators for American Mutual Fund Class R 4 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
Symbol
Refresh
American Mutual Fund Class R 4 has current Coefficient Of Variation of 949.7. 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.
Coefficient Of Variation 
 = 
STD 
ER 
 = 
949.7
ER =   Expected return on investing in American Mutual
STD =   Standard Deviation of returns on American Mutual

Coefficient Of Variation Comparison

American Mutual Fund Class R 4 is rated below average in coefficient of variation among similar funds. It is rated below average in maximum drawdown among similar funds reporting about  0.0037  of Maximum Drawdown per Coefficient Of Variation. The ratio of Coefficient Of Variation to Maximum Drawdown for American Mutual Fund Class R 4 is roughly  267.94 
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.
Compare American Mutual to competition

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked.
Explore Thematic Ideas
Explore Investing Ideas  
Search macroaxis.com