International General Coefficient Of Variation

IGIC Stock  USD 26.60  0.69  2.66%   
International General coefficient-of-variation technical analysis lookup allows you to check this and other technical indicators for International General Insurance 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
  
International General Insurance has current Coefficient Of Variation of 363.89. 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

 = 
363.89
ER = Expected return on investing in International General
STD =   Standard Deviation of returns on International General

International General Coefficient Of Variation Peers Comparison

International Coefficient Of Variation Relative To Other Indicators

International General Insurance is rated below average in coefficient of variation category among its peers. It is currently under evaluation 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 International General Insurance is roughly  35.58 
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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