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Thrace Plastics Holding and Commercial (ATH:PLAT) Volatility : 38.84% (As of May. 20, 2024)


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What is Thrace Plastics Holding and Commercial 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 (2024-05-20), Thrace Plastics Holding and Commercial's Volatility is 38.84%.


Competitive Comparison of Thrace Plastics Holding and Commercial's Volatility

For the Textile Manufacturing subindustry, Thrace Plastics Holding and Commercial'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.


Thrace Plastics Holding and Commercial's Volatility Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Thrace Plastics Holding and Commercial's Volatility distribution charts can be found below:

* The bar in red indicates where Thrace Plastics Holding and Commercial's Volatility falls into.



Thrace Plastics Holding and Commercial  (ATH:PLAT) 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.


Thrace Plastics Holding and Commercial  (ATH:PLAT) 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.


Thrace Plastics Holding and Commercial Volatility Related Terms

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Thrace Plastics Holding and Commercial (ATH:PLAT) Business Description

Traded in Other Exchanges
Address
20 Marinou Antypa Street, Alimos, Attica, Athens, GRC, 17455
Thrace Plastics Holding and Commercial SA are engaged in the production and distribution of polypropylene products. The business segments of the company are the technical fabrics sector which is concerned with the production and trade of synthetic fabrics for industrial and technical uses; packaging sector which is concerned with production and trade of industrial products, including mainly bags, big bags and palletizing film for the packaging of fertilizers, fish feed, animal feed and chemical and inert materials; and Agricultural sector that involves the production of tomatoes by applying the hydroponic methodology and the utilization and use of geothermal energy.

Thrace Plastics Holding and Commercial (ATH:PLAT) Headlines