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KKB Engineering Bhd (XKLS:9466) Volatility : 26.03% (As of May. 15, 2024)


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What is KKB Engineering Bhd 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 (2024-05-15), KKB Engineering Bhd's Volatility is 26.03%.


Competitive Comparison of KKB Engineering Bhd's Volatility

For the Metal Fabrication subindustry, KKB Engineering Bhd'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.


KKB Engineering Bhd's Volatility Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, KKB Engineering Bhd's Volatility distribution charts can be found below:

* The bar in red indicates where KKB Engineering Bhd's Volatility falls into.



KKB Engineering Bhd  (XKLS:9466) 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.


KKB Engineering Bhd  (XKLS:9466) 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.


KKB Engineering Bhd Volatility Related Terms

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KKB Engineering Bhd (XKLS:9466) Business Description

Traded in Other Exchanges
N/A
Address
Bintawa Industrial Estate, Lot 865, Section 66, Jalan Kilang, Kuching, SWK, MYS, 93450
KKB Engineering Bhd is a Malaysia-based company engaged in steel fabrication; civil construction; hot-dip galvanizing; the manufacturing of liquefied petroleum gas (LPG) cylinders; structural steel fabrication for oil & gas facilities; and manufacturing and trading of steel pipes and pipe specials. It operates through two segments namely Engineering and construction; and Manufacturing sectors. The Engineering and construction segment includes civil engineering works and construction, steel fabrication, and hot-dip galvanizing. The Manufacturing segment manufactures LPG cylinders, steel pipes, and related products. It generates a vast majority of its revenue from the engineering and construction segment.

KKB Engineering Bhd (XKLS:9466) Headlines

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