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Thai Rubber Latex Group PCL (BKK:TRUBB) Volatility : 40.21% (As of May. 14, 2024)


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What is Thai Rubber Latex Group PCL 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), Thai Rubber Latex Group PCL's Volatility is 40.21%.


Competitive Comparison of Thai Rubber Latex Group PCL's Volatility

For the Specialty Chemicals subindustry, Thai Rubber Latex Group PCL'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.


Thai Rubber Latex Group PCL's Volatility Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Thai Rubber Latex Group PCL's Volatility distribution charts can be found below:

* The bar in red indicates where Thai Rubber Latex Group PCL's Volatility falls into.



Thai Rubber Latex Group PCL  (BKK:TRUBB) 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.


Thai Rubber Latex Group PCL  (BKK:TRUBB) 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.


Thai Rubber Latex Group PCL Volatility Related Terms

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Thai Rubber Latex Group PCL (BKK:TRUBB) Business Description

Traded in Other Exchanges
N/A
Address
Number 99/1-3 Moo 13, Bangna-Trad Road, K.M. 7, Tambol Bangkaew, Amphur Bangplee, Samutprakarn, THA, 10540
Thai Rubber Latex Group PCL is a Thailand based company engaged in the comprehensive rubber businesses covering the whole value chain of rubber and latex products, which are the rubber plantation in Thailand, the producer of latex concentrate and latex rubber, latex rubber thread, latex foam mattress and rubber gloves. The company operates in Concentrated and pre-vulcanized latex; Latex products; and Rubber plantation segments. It has a geographic presence in Thailand, the PRC, the Republic of Korea and other countries of which key revenue is derived from Thailand.

Thai Rubber Latex Group PCL (BKK:TRUBB) Headlines

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