Current Operations Value. COV represents the value of a business, if it were to maintain the same level of current EVA performance into perpetuity.

Coefficient of variation. A measure of precision, calculated as the standard deviation (s or s) of a set of values divided by the average (Xave or µ), and usually multiplied by 100 to be expressed as a percentage. COV = RSD = / x 100 for a sample, COV' = RSD' = / x 100 for a population See Relative percent difference.