Workpoint Entertainment PCL (BKK:WORK) Volatility : 29.61% (As of May. 31, 2024)

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What is Workpoint Entertainment PCL 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 (2024-05-31), Workpoint Entertainment PCL's Volatility is 29.61%.

Competitive Comparison of Workpoint Entertainment PCL's Volatility

For the Entertainment subindustry, Workpoint Entertainment PCL'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.

Workpoint Entertainment PCL's Volatility Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Workpoint Entertainment PCL's Volatility distribution charts can be found below:

* The bar in red indicates where Workpoint Entertainment PCL's Volatility falls into.

Workpoint Entertainment PCL (BKK:WORK) Volatility Calculation

The annualized volatility is calculated as following:

σ_A	=	σ_M	*	√12
	=	√ 1/(n-1) ∑(Ri - R')^2	*	√12

Where: σ_M is the monthly volatility, n is the number of months in the period, R_i 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.

Workpoint Entertainment PCL (BKK:WORK) 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.

Workpoint Entertainment PCL Volatility Related Terms

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Workpoint Entertainment PCL (BKK:WORK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Workpoint Entertainment PCL (BKK:WORK) » Definitions » Volatility

Comparable Companies

Traded in Other Exchanges

WORK-F:Thailand

Address

99 Moo 2, Tambon Bang Poon, Amphoe Muang Pathum Thani, Pathum thani, THA, 12000

Website

https://www.workpoint.co.th

Workpoint Entertainment PCL is a broadcast television company. The activities of the Group are digital television broadcasting and the production of television programs, animation and computer graphics, movies, concerts and plays, event marketing and sale of goods and services related to the businesses. The company has five segments which are Business of television programs, Business of movies, Business of concerts and plays, Business of event marketing and Business of sale of goods and rendering of other services. It derives majority of the revenue from Business of television programs segment. The majority of revenue comes from Thailand.