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Kingland Group Holdings (HKSE:01751) Volatility : 72.03% (As of Jun. 10, 2024)


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What is Kingland Group Holdings Volatility?

Volatility is a statistical measure of the dispersion of returns for a given security or market index, it shows how the price swings around its mean. The volatility here is measured as the annualized standard deviation between monthly returns from the security over the past year. In most cases, the higher the volatility, the riskier the security.

As of today (2024-06-10), Kingland Group Holdings's Volatility is 72.03%.


Competitive Comparison of Kingland Group Holdings's Volatility

For the Engineering & Construction subindustry, Kingland Group Holdings's Volatility, along with its competitors' market caps and Volatility data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Kingland Group Holdings's Volatility Distribution in the Construction Industry

For the Construction industry and Industrials sector, Kingland Group Holdings's Volatility distribution charts can be found below:

* The bar in red indicates where Kingland Group Holdings's Volatility falls into.



Kingland Group Holdings  (HKSE:01751) Volatility Calculation

The annualized volatility is calculated as following:

σA=σM * 12
= 1/(n-1) ∑(Ri - R')^2 * 12

Where: σM is the monthly volatility, n is the number of months in the period, Ri is the security's historical monthly returns and R' is the arithmetic mean of monthly returns.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Kingland Group Holdings  (HKSE:01751) Volatility Explanation

Volatility is a statistical measure of the dispersion of returns for a given security or market index. It’s often measured as standard deviation or variance of historical returns over a certain period. The volatility here is measured as the annualized standard deviation between monthly returns from the security over the past year.

Volatility reflects the uncertainty or risk of a security’s value. Generally speaking, a higher volatility suggests a higher risk, because it implies a wider fluctuation around average price. This means the price of the security can change dramatically in either direction within a short period. Conversely, a lower volatility means that the security's price is more steady, which suggests a lower risk.

Another measurement of relative volatility is Beta. Beta is a measure of systematic risk of a security or a portfolio in comparison to the market as a whole. Beta is usually compared to 1. A beta of greater than 1 indicates that the security's price will be more volatile than the market.


Kingland Group Holdings Volatility Related Terms

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Kingland Group Holdings (HKSE:01751) Business Description

Traded in Other Exchanges
N/A
Address
209 and 211 Wai Yip Street, Flat B, Ground Floor, Fu Hop Factory Building, Kwun Tong, Hong Kong, HKG
Kingland Group Holdings Ltd is the provision of concrete demolition service in Hong Kong and Macau mainly as a subcontractor. Its services are mainly required in the removal of pieces or sections of concrete from concrete structures and the demolition of the entire concrete structures or buildings by applying a variety of methods, such as core drilling, sawing and crushing. Its services are required in many different situations including, among others, addition and alteration works and redevelopment projects in buildings, roads, tunnels and underground facilities. Its customers are main contractors in various types of construction and civil engineering projects in Hong Kong and construction projects in Macau.
Executives
Kwok Shun Tim
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Yip Nga Wan 2202 Interest of your spouse
Chan Yuk Sing 2201 Interest of corporation controlled by you
Cheung Shek On 2201 Interest of corporation controlled by you
Cho Bik Nung 2202 Interest of your spouse
Luk Pui Kei Peggy 2202 Interest of your spouse
China New Economy Fund Limited 2101 Beneficial owner

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