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Chongqing Road & Bridge Co (SHSE:600106) Volatility : 42.95% (As of May. 15, 2024)


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What is Chongqing Road & Bridge Co 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 (2024-05-15), Chongqing Road & Bridge Co's Volatility is 42.95%.


Competitive Comparison of Chongqing Road & Bridge Co's Volatility

For the Infrastructure Operations subindustry, Chongqing Road & Bridge Co'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.


Chongqing Road & Bridge Co's Volatility Distribution in the Construction Industry

For the Construction industry and Industrials sector, Chongqing Road & Bridge Co's Volatility distribution charts can be found below:

* The bar in red indicates where Chongqing Road & Bridge Co's Volatility falls into.



Chongqing Road & Bridge Co  (SHSE:600106) 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.


Chongqing Road & Bridge Co  (SHSE:600106) 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.


Chongqing Road & Bridge Co Volatility Related Terms

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Chongqing Road & Bridge Co (SHSE:600106) Business Description

Traded in Other Exchanges
N/A
Address
No. 11 Danlong Road, Economic and Technological Development Zone, Nanping District, Chongqing, CHN, 400060
Chongqing Road & Bridge Co Ltd is engaged in the operation of road and bridge management, as well as engineering construction businesses. It operates, maintains and manages Shibanpo Yangtze River Bridge, Shimen Jialing River Bridge, Jiahua Jialing River Bridge and Changshou Lake Tourism Special Highway. The company is also involved in the construction of bridges, roads, and infrastructures, the development of real estates, as well as the construction of software industrial parks through its subsidiaries.

Chongqing Road & Bridge Co (SHSE:600106) Headlines

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