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Jiangsu Zongyi Co (SHSE:600770) Volatility : 27.14% (As of May. 24, 2024)


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What is Jiangsu Zongyi 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 (2024-05-24), Jiangsu Zongyi Co's Volatility is 27.14%.


Competitive Comparison of Jiangsu Zongyi Co's Volatility

For the Semiconductors subindustry, Jiangsu Zongyi 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.


Jiangsu Zongyi Co's Volatility Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Jiangsu Zongyi Co's Volatility distribution charts can be found below:

* The bar in red indicates where Jiangsu Zongyi Co's Volatility falls into.



Jiangsu Zongyi Co  (SHSE:600770) 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.


Jiangsu Zongyi Co  (SHSE:600770) 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.


Jiangsu Zongyi Co Volatility Related Terms

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Jiangsu Zongyi Co (SHSE:600770) Business Description

Traded in Other Exchanges
N/A
Address
Zongyi Digital City, Gold Village, Xingdong Town, Tongzhou District, Jiangsu Province, Tongzhou, CHN, 226376
Jiangsu Zongyi Co Ltd is a China-based supplier of solar photovoltaic (PV) system integration and the operator of PV power plant construction. The company has built and operated photovoltaic power plants in different countries such as the United States, Germany, Italy, Czech Republic, Bulgaria, and others.
Executives
Zan Sheng Da Director
Lu Jian Feng senior management
Huang Tian Hong senior management
Xing Guang Xin Director
Qian Zhi Hua senior management
Gu Zheng Wei senior management
Chen Yi Director
Qu Guang Cheng Director
Gu Feng Ming senior management

Jiangsu Zongyi Co (SHSE:600770) Headlines

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