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SHALAG INDUSTRIES Coefficient Of Variation

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SHALAG INDUSTRIES coefficient-of-variation technical analysis lookup allows you to check this and other technical indicators for SHALAG INDUSTRIES 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
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SHALAG INDUSTRIES has current Coefficient Of Variation of 0.0. 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 
 = 
0.0
ER =   Expected return on investing in SHALAG INDUSTRIES
STD =   Standard Deviation of returns on SHALAG INDUSTRIES

Coefficient Of Variation Comparison

SHALAG INDUSTRIES is currently regarded as top stock in coefficient of variation category among related companies. It is currently under evaluation in maximum drawdown category among related companies .
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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