GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Green International Holdings Ltd (HKSE:02700) » Definitions » Volatility

Green International Holdings (HKSE:02700) Volatility : 31.82% (As of Jun. 03, 2024)


View and export this data going back to 2006. Start your Free Trial

What is Green International 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 (2024-06-03), Green International Holdings's Volatility is 31.82%.


Competitive Comparison of Green International Holdings's Volatility

For the Conglomerates subindustry, Green International 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.


Green International Holdings's Volatility Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Green International Holdings's Volatility distribution charts can be found below:

* The bar in red indicates where Green International Holdings's Volatility falls into.



Green International Holdings  (HKSE:02700) 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.


Green International Holdings  (HKSE:02700) 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.


Green International Holdings Volatility Related Terms

Thank you for viewing the detailed overview of Green International Holdings's Volatility provided by GuruFocus.com. Please click on the following links to see related term pages.


Green International Holdings (HKSE:02700) Business Description

Traded in Other Exchanges
N/A
Address
200 Connaught Road Central, Suite 1708, 17th Floor, West Tower, Shun Tak Centre, Hong Kong, HKG
Green International Holdings Ltd operates in two segments, namely Health & Medical, which is engaged in the operation of health and medical-related businesses of its clubhouse, hemodialysis center, and hospital; and Beauty & Wellness segment which is engaged in selling beauty and wellness products and related services. The group derives prime revenue from China.
Executives
Yu Qigang 2202 Interest of your spouse
Jumbo Faith International Limited 2201 Interest of corporation controlled by you
Zhou Cuiqiong 2201 Interest of corporation controlled by you
Fluent Robust Limited

Green International Holdings (HKSE:02700) Headlines

No Headlines