comparing coefficient of variation​

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How to compare coefficient of variations?

Oct 22nd, 2015

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Example:

Case Study: Take three companies coefficient variations

Safaricom =  0.377737064

Airtel = 0.56783

Orange =  0.44331523

The lower the coefficient variance the less volatile the returns. Orange offers the lowest return of all three, at a variance higher than Safaricom. this therefore warrants removing it from your thoughts. Airtel offers returns double those of Safaricom  but at variance less than double that of Safaricom. Therefore my vote goes to Airtel


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Oct 22nd, 2015

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