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Sarawak Oil Palms Bhd (XKLS:5126) Volatility : 12.79% (As of May. 12, 2024)


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What is Sarawak Oil Palms Bhd 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 (2024-05-12), Sarawak Oil Palms Bhd's Volatility is 12.79%.


Competitive Comparison of Sarawak Oil Palms Bhd's Volatility

For the Farm Products subindustry, Sarawak Oil Palms Bhd'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.


Sarawak Oil Palms Bhd's Volatility Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Sarawak Oil Palms Bhd's Volatility distribution charts can be found below:

* The bar in red indicates where Sarawak Oil Palms Bhd's Volatility falls into.



Sarawak Oil Palms Bhd  (XKLS:5126) 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.


Sarawak Oil Palms Bhd  (XKLS:5126) 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.


Sarawak Oil Palms Bhd Volatility Related Terms

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Sarawak Oil Palms Bhd (XKLS:5126) Business Description

Traded in Other Exchanges
N/A
Address
No. 124-126, Jalan Bendahara, P.O. Box 547, Miri, SWK, MYS, 98000
Sarawak Oil Palms Bhd is a Malaysia-based company engaged in the principal activities of investment holding, cultivation of oil palms, and operations of palm oil mills. The primary businesses of the company are oil palm plantation, milling, refining of oil palm products, and trading of oil palm products. The operating segments of the group are Oil Palms and Property development. Its Oil Palms segment contributes majorly to the group's revenue. The company's geographical segments include Malaysia, Asia-Pacific, and Others.

Sarawak Oil Palms Bhd (XKLS:5126) Headlines

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