2. ISO 3166-2 geocode for Cape Verde. This is used as an international standard for shipping to Cape Verde. However, it is not locally used; the nation uses its own National Geographic Code of Cape Verde.
| CV Used on the consolidated tape to indentify a security as a convertible security: AXPr. CV 25. |
| cv Used in the yield column of bond transaction tables in newspapers to indicate that a bond is convertible into some other asset, usually shares of common stock: STERLBN 6 1/2 % cv. |
What Does Coefficient of Variation (CV) Mean? A statistical measure of the dispersion of data points in a data series around the mean.It is calculated as follows:
The coefficient of variation represents the ratio of the standard deviation to the mean; it is a useful statistic for comparing the degree of variation from one data series to another even if the means are drastically different from each other.
Investopedia explains Coefficient of Variation (CV)
The coefficient of variation allows investors to determine how much volatility (risk) they are assuming in relation to the amount of expected return from an investment; the lower the ratio of standard deviation to the mean return is, the better the risk-return trade-off is. Note that if the expected return in the denominator of the calculation is negative or zero, the ratio will not make sense.
Related Terms:
• Beta
• Expected Return
• Risk-Return Trade-Off
• Standard Deviation
• Volatility
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