BMO Long Coefficient Of Variation

ZPL Etf  CAD 12.91  0.05  0.39%   
BMO Long coefficient-of-variation technical analysis lookup allows you to check this and other technical indicators for BMO Long Provincial 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
  
BMO Long Provincial has current Coefficient Of Variation of 4602.42. 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

 = 
4602.42
ER = Expected return on investing in BMO Long
STD =   Standard Deviation of returns on BMO Long

BMO Long Coefficient Of Variation Peers Comparison

BMO Coefficient Of Variation Relative To Other Indicators

BMO Long Provincial is rated second in coefficient of variation as compared to similar ETFs. It is currently under evaluation in maximum drawdown as compared to similar ETFs reporting about  0.0007  of Maximum Drawdown per Coefficient Of Variation. The ratio of Coefficient Of Variation to Maximum Drawdown for BMO Long Provincial is roughly  1,475 
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.
Compare BMO Long to Peers

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas