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Kairuide Holding Co (SZSE:002072) Volatility : 33.09% (As of May. 26, 2024)


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What is Kairuide Holding 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 (2024-05-26), Kairuide Holding Co's Volatility is 33.09%.


Competitive Comparison of Kairuide Holding Co's Volatility

For the Textile Manufacturing subindustry, Kairuide Holding 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.


Kairuide Holding Co's Volatility Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Kairuide Holding Co's Volatility distribution charts can be found below:

* The bar in red indicates where Kairuide Holding Co's Volatility falls into.



Kairuide Holding Co  (SZSE:002072) 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.


Kairuide Holding Co  (SZSE:002072) 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.


Kairuide Holding Co Volatility Related Terms

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Kairuide Holding Co (SZSE:002072) Business Description

Traded in Other Exchanges
N/A
Address
No. 18 Shunhe West Road, Decheng District, Liwu, Wusha, Chang’an Town, Shandong, Dezhou, CHN, 253002
Kairuide Holding Co Ltd is engaged in the production and distribution of spinning, textile weaving, and other textile equipment.
Executives
Wang Jian Director
Li Guo Hua Supervisors
Ji Xiao Wen Directors, executives
Zhang Pei Feng Director
Zhu Jiang Directors, executives
Hou Shu Jun Executives
Yao Xing You Director

Kairuide Holding Co (SZSE:002072) Headlines

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