In statistics, the Bhattacharyya distance measures the similarity of two probability distributions. If two probability distributions are same, then in this case what will be coefficient value.
Actually, It depends on you data and your distribution. You should make a goodness-of-fit test based on Bhattacharya distance then by calculating critical values of the the test via Monte-Carlo simulation you can infer about similarity of two probability distributions.
If it measures distance between two probability distributions for two similar distributions the Bhattacharrya distance should be zero or not significantly different from zero.
It is between 0 and 1. 0 for the cases that there is no similarity (lack of common sample space), and 1 for when the two distributions/densities are exactly the same.