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Resortvings and Loans (NSA:RESORTSAL) Volatility : N/A% (As of May. 25, 2024)


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What is Resortvings and Loans 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.

Resortvings and Loans does not have enough data to calculate Volatility.


Competitive Comparison of Resortvings and Loans's Volatility

For the Mortgage Finance subindustry, Resortvings and Loans'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.


Resortvings and Loans's Volatility Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Resortvings and Loans's Volatility distribution charts can be found below:

* The bar in red indicates where Resortvings and Loans's Volatility falls into.



Resortvings and Loans  (NSA:RESORTSAL) 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.


Resortvings and Loans  (NSA:RESORTSAL) 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.


Resortvings and Loans Volatility Related Terms

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Resortvings and Loans (NSA:RESORTSAL) Business Description

Traded in Other Exchanges
N/A
Address
12, Boyle street Onikan, Lagos, NGA
Resort Savings and Loans PLC operates as a Mortgage bank. It is a primary Mortgage Bank (PMB) authorised to receive deposits and maintain accounts for their customers for the purpose of providing service, creating mortgage assets and other credit facilities. It provides retail Mortgage Banking Services to variety of customers to own their own houses. The bank is actively involved in the National Housing Fund loan disbursement and the monthly NHF remittance collection.

Resortvings and Loans (NSA:RESORTSAL) Headlines

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