#reading-8-statistical-concepts-and-market-returns
Although CV was designed as a measure of relative dispersion, its inverse reveals something about return per unit of risk.
For example, a portfolio with a mean monthly return of 1.19 percent and a standard deviation of 4.42 percent has an inverse CV of 1.19%/4.42% = 0.27. This result indicates that each unit of standard deviation represents a 0.27 percent return.
If you want to change selection, open original toplevel document below and click on "Move attachment"
Summary
status | not read | | reprioritisations | |
---|
last reprioritisation on | | | suggested re-reading day | |
---|
started reading on | | | finished reading on | |
---|
Details