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Sanwa Holdings (TSE:5929) Volatility : 26.69% (As of May. 14, 2024)


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What is Sanwa 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 (2024-05-14), Sanwa Holdings's Volatility is 26.69%.


Competitive Comparison of Sanwa Holdings's Volatility

For the Building Products & Equipment subindustry, Sanwa 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.


Sanwa Holdings's Volatility Distribution in the Construction Industry

For the Construction industry and Industrials sector, Sanwa Holdings's Volatility distribution charts can be found below:

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



Sanwa Holdings  (TSE:5929) 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.


Sanwa Holdings  (TSE:5929) 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.


Sanwa Holdings Volatility Related Terms

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Sanwa Holdings (TSE:5929) Business Description

Traded in Other Exchanges
Address
Nishi-Shinjuku 2-1-1, Shinjuku Mitsui Building, 52nd Floor, Shinjuku-ku, Tokyo, JPN, 163-0478
Sanwa Holdings Corp produces doors for residential and non-residential buildings through its subsidiaries. It offers condominium doors, window shutters, exterior products, garage doors, operators, and hinge doors for residential buildings; and heavy-duty shutters, steel doors, partitions, stainless steel products, overhead doors, automatic doors, truck/trailer doors, and industrial doors for non-residential buildings. The company operates in Japan, North America, and Europe.

Sanwa Holdings (TSE:5929) Headlines

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