Atmos Energy Coefficient Of Variation

AEO Stock  EUR 133.30  0.15  0.11%   
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Atmos Energy has current Coefficient Of Variation of 844.02. 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

 = 
844.02
ER = Expected return on investing in Atmos Energy
STD =   Standard Deviation of returns on Atmos Energy

Atmos Energy Coefficient Of Variation Peers Comparison

Atmos Coefficient Of Variation Relative To Other Indicators

Atmos Energy is rated fourth in coefficient of variation category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about  0.01  of Maximum Drawdown per Coefficient Of Variation. The ratio of Coefficient Of Variation to Maximum Drawdown for Atmos Energy is roughly  167.16 
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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