CV = sigma/ X Note why analyst may use CV to shed light on their understanding of risk – good section here in Vol 1 I’m ramping into. If CV of stock X is > CV of stock Y, assume stock X is “riskier” all else being equal
CV = sigma/ X Note why analyst may use CV to shed light on their understanding of risk – good section here in Vol 1 I’m ramping into. If CV of stock X is > CV of stock Y, assume stock X is “riskier” all else being equal