Transamerica Cleartrack Coefficient Of Variation

TCTQX Fund  USD 6.94  0.01  0.14%   
Transamerica Cleartrack coefficient-of-variation technical analysis lookup allows you to check this and other technical indicators for Transamerica Cleartrack 2040 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
  
Transamerica Cleartrack 2040 has current Coefficient Of Variation of 1408.79. 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

 = 
1408.79
ER = Expected return on investing in Transamerica Cleartrack
STD =   Standard Deviation of returns on Transamerica Cleartrack

Transamerica Cleartrack Coefficient Of Variation Peers Comparison

Transamerica Coefficient Of Variation Relative To Other Indicators

Transamerica Cleartrack 2040 is rated second largest fund in coefficient of variation among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about  0  of Maximum Drawdown per Coefficient Of Variation. The ratio of Coefficient Of Variation to Maximum Drawdown for Transamerica Cleartrack 2040 is roughly  594.45 
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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