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PrimeTime Property Holdings (BOT:PRIMETIME) Volatility : 5.69% (As of May. 26, 2024)


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What is PrimeTime Property 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 (2024-05-26), PrimeTime Property Holdings's Volatility is 5.69%.


Competitive Comparison of PrimeTime Property Holdings's Volatility

For the Real Estate Services subindustry, PrimeTime Property 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.


PrimeTime Property Holdings's Volatility Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, PrimeTime Property Holdings's Volatility distribution charts can be found below:

* The bar in red indicates where PrimeTime Property Holdings's Volatility falls into.



PrimeTime Property Holdings  (BOT:PRIMETIME) 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.


PrimeTime Property Holdings  (BOT:PRIMETIME) 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.


PrimeTime Property Holdings Volatility Related Terms

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PrimeTime Property Holdings (BOT:PRIMETIME) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Ground Floor, Acacia, Prime Plaza, Plot 74358 CBD, Corner of Khama Crescent Extension and PG Matante, Gaborone, BWA
PrimeTime Property Holdings Ltd is a variable rate loan stock public company that is engaged in buying, developing, letting, managing, and selling properties. It is a preferred property investment vehicle for institutions and private investors and has a diversified portfolio of office, retail, and industrial properties throughout Botswana, Zambia, and more recently in South Africa. Its primary business activities are concentrated in the segment of property rentals and are predominantly concentrated within the geographical regions of Botswana, Zambia, and South Africa.

PrimeTime Property Holdings (BOT:PRIMETIME) Headlines

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