Bjorn Borg Coefficient Of Variation

BORG Stock  SEK 47.75  0.50  1.04%   
Bjorn Borg coefficient-of-variation technical analysis lookup allows you to check this and other technical indicators for Bjorn Borg AB 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
  
Bjorn Borg AB has current Coefficient Of Variation of 3175.45. 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

 = 
3175.45
ER = Expected return on investing in Bjorn Borg
STD =   Standard Deviation of returns on Bjorn Borg

Bjorn Borg Coefficient Of Variation Peers Comparison

Bjorn Coefficient Of Variation Relative To Other Indicators

Bjorn Borg AB is number one stock in coefficient of variation category among related companies. It is currently under evaluation in maximum drawdown category among related companies reporting about  0  of Maximum Drawdown per Coefficient Of Variation. The ratio of Coefficient Of Variation to Maximum Drawdown for Bjorn Borg AB is roughly  273.73 
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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