GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Sacyr SA (XMAD:SCYR) » Definitions » Volatility

Sacyr (XMAD:SCYR) Volatility : 28.36% (As of May. 06, 2024)


View and export this data going back to 1999. Start your Free Trial

What is Sacyr 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 (2024-05-06), Sacyr's Volatility is 28.36%.


Competitive Comparison of Sacyr's Volatility

For the Engineering & Construction subindustry, Sacyr'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.


Sacyr's Volatility Distribution in the Construction Industry

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

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



Sacyr  (XMAD:SCYR) 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.


Sacyr  (XMAD:SCYR) 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.


Sacyr Volatility Related Terms

Thank you for viewing the detailed overview of Sacyr's Volatility provided by GuruFocus.com. Please click on the following links to see related term pages.


Sacyr (XMAD:SCYR) Business Description

Traded in Other Exchanges
Address
Calle Condesa de Venadito, 7, Madrid, ESP, 28027
Sacyr SA develops complex infrastructure projects and provides construction services for various industrial markets. It constructs roads, buildings, water systems, plants, and equipment to enhance working environments within facilities. The company has four business divisions: construction (the majority of total revenue), concessions, services, and industrial. Its comprehensive range of services primarily relates to the maintenance of facilities, energy-efficient solutions, and environmental services geared toward water treatment and waste management. Concessions have been granted to Sacyr in various countries, as the company looks to build and maintain better transportation networks for the public. It operates on five continents, with Europe and South America both important regions.

Sacyr (XMAD:SCYR) Headlines

No Headlines