coefficient of variation is ?
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The coefficient of variation (CV) is a statistical measure of the relative dispersion of data points in a data series around the mean. ... The lower the ratio of the standard deviation to mean return, the better risk-return trade-off.
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The coefficient of variation (CV) is the ratio of the standard deviation to the mean. The higher the coefficient of variation, the greater the level of dispersion around the mean. It is generally expressed as a percentage. ... The lower the value of the coefficient of variation, the more precise the estimate.
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