GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Turkiye Vakiflar Bankasi TAO (OTCPK:TKYVY) » Definitions » Volatility

Turkiye Vakiflar Bankasi TAO (Turkiye Vakiflar Bankasi TAO) Volatility : 13.04% (As of Apr. 27, 2024)


View and export this data going back to 2008. Start your Free Trial

What is Turkiye Vakiflar Bankasi TAO 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 (2024-04-27), Turkiye Vakiflar Bankasi TAO's Volatility is 13.04%.


Competitive Comparison of Turkiye Vakiflar Bankasi TAO's Volatility

For the Banks - Regional subindustry, Turkiye Vakiflar Bankasi TAO'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.


Turkiye Vakiflar Bankasi TAO's Volatility Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Turkiye Vakiflar Bankasi TAO's Volatility distribution charts can be found below:

* The bar in red indicates where Turkiye Vakiflar Bankasi TAO's Volatility falls into.



Turkiye Vakiflar Bankasi TAO  (OTCPK:TKYVY) 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.


Turkiye Vakiflar Bankasi TAO  (OTCPK:TKYVY) 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.


Turkiye Vakiflar Bankasi TAO Volatility Related Terms

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


Turkiye Vakiflar Bankasi TAO (Turkiye Vakiflar Bankasi TAO) Business Description

Traded in Other Exchanges
Address
Saray Mahallesi Dr. Adnan Buyukdeniz Caddesi No: 7/A-B, Genel Mudurlugu, Umraniye, Istanbul, TUR, 34768
Turkiye Vakiflar Bankasi TAO provides a range of banking products and services through its corporate, commercial and small to midsize enterprise, and retail and private banking business lines. In addition to its core services, the bank also participates in investment banking, insurance, as well as financial leasing and factoring, among other activities. Most of the bank's earning assets are commercial loans, but it also has a significant retail loan book and securities portfolio. The bank operates and has its credit exposed overwhelmingly in the Turkish market.

Turkiye Vakiflar Bankasi TAO (Turkiye Vakiflar Bankasi TAO) Headlines

No Headlines