4571 Stock | | | TWD 252.00 6.50 2.65% |
Khgears International coefficient-of-variation technical analysis lookup allows you to check this and other technical indicators for Khgears International Limited 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
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Khgears International Limited has current Coefficient Of Variation of 631.5. 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 | = | STDER |
| = | 631.5 | |
Khgears International Coefficient Of Variation Peers Comparison
Khgears Coefficient Of Variation Relative To Other Indicators
Khgears International Limited is rated
fourth in coefficient of variation category among its peers. It is number one stock in maximum drawdown category among its peers reporting about
0.03 of Maximum Drawdown per Coefficient Of Variation. The ratio of Coefficient Of Variation to Maximum Drawdown for Khgears International Limited is roughly
34.65 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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