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Zuari Agro Chemicals (BOM:534742) Volatility : 46.81% (As of May. 27, 2024)


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What is Zuari Agro Chemicals 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 (2024-05-27), Zuari Agro Chemicals's Volatility is 46.81%.


Competitive Comparison of Zuari Agro Chemicals's Volatility

For the Agricultural Inputs subindustry, Zuari Agro Chemicals'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.


Zuari Agro Chemicals's Volatility Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Zuari Agro Chemicals's Volatility distribution charts can be found below:

* The bar in red indicates where Zuari Agro Chemicals's Volatility falls into.



Zuari Agro Chemicals  (BOM:534742) 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.


Zuari Agro Chemicals  (BOM:534742) 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.


Zuari Agro Chemicals Volatility Related Terms

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Zuari Agro Chemicals (BOM:534742) Business Description

Traded in Other Exchanges
Address
Off Cubbon Road, No. 28, Union Street, Adventz Centre, 3rd Floor, Bangalore, KA, IND, 560 001
Zuari Agro Chemicals Ltd is a manufacturer of organic and inorganic fertilizers. Its products are marketed under the Jai Kisaan brand. The company produces complex fertilizers of various grades along with seeds, pesticides, micro nutrients, and specialty fertilizers. In addition, it also acts as an importer of fertilizers and farm nutrients. The group operates through one geographical segment which is India.

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