GURUFOCUS.COM » STOCK LIST » Technology » Software » Two Hands Corp (OTCPK:TWOH) » Definitions » Volatility

Two Hands (Two Hands) Volatility : 332.90% (As of May. 26, 2024)


View and export this data going back to 2011. Start your Free Trial

What is Two Hands 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 (2024-05-26), Two Hands's Volatility is 332.90%.


Competitive Comparison of Two Hands's Volatility

For the Software - Application subindustry, Two Hands'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.


Two Hands's Volatility Distribution in the Software Industry

For the Software industry and Technology sector, Two Hands's Volatility distribution charts can be found below:

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



Two Hands  (OTCPK:TWOH) 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.


Two Hands  (OTCPK:TWOH) 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.


Two Hands Volatility Related Terms

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


Two Hands (Two Hands) Business Description

Traded in Other Exchanges
Address
1035 Queensway East, Mississauga, ON, CAN, L4Y 4C1
Two Hands Corporation is a custom application development company in the digital technologies sector. The company delivers diversified solutions to companies in North America. It has three business divisions namely gocart.city, Grocery Originals, and Cuore Food Services. gocart.city is the company's online delivery marketplace, allowing consumers to shop online and have their groceries delivered. Grocery Originals is the company's brick-and-mortar grocery store located in Mississauga Ontario at the site of the company's warehouse. Cuore Food Services is the company's wholesale food distribution branch.
Executives
Steven Gryfe officer: Chief Financial Officer 558 ATLAS AVENUE, TORONTO A6 M6C3R6
Ryan M. Wilson director 42 MUSCAT CRES., AJAX A6 L1Z0B9
Nadav Elituv director, 10 percent owner, officer: CEO, Pres, Sec & Treasurer 373 JOICEY BLVD., NORTH YORK A6 M5M2W2
Bradley Southam director 33-310 CHRISTOPHER DRIVE, CAMBRIDGE A6 N1P1B4
Shuttle Digital Solutions Inc 10 percent owner 250 YONGE STREET, SUITE 2201, TORONTO A6 M5B2L7