In a linac driven Free Electron Laser (FEL), the shot-to-shot and non-invasive monitoring of the electron bunch length is normally ensured by Bunch Compressor Monitors (BCMs). The bunch-length dependent signal of a BCM results from the detection and integration - over a given frequency band - of the temporal coherent enhancement of the radiation spectral energy emitted by the electron beam while experiencing a longitudinal compression. In this work, we present a method that permits to express the relative variation of the bunch length as a function of the relative statistical fluctuations of the BCM and charge signals. Furthermore, in the case of a BCM equipped with two detectors simultaneously operating in two distinct wavelength bands, the method permits an absolute determination of the electron bunch length. The proposed method is beneficial to a FEL since it permits to tune the machine compression feedback with respect to the absolute measurement of the bunch length instead of a bunch-length dependent signal. In a CW-superconducting-linac driven FEL, it can offer the precious opportunity to implement a fully non-invasive and absolute diagnostics of the bunch length.