Marg Techno Projects (BOM:540254) Volatility : 69.11% (As of Jun. 20, 2024)

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What is Marg Techno Projects 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 (2024-06-20), Marg Techno Projects's Volatility is 69.11%.

Competitive Comparison of Marg Techno Projects's Volatility

For the Credit Services subindustry, Marg Techno Projects'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.

Marg Techno Projects's Volatility Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Marg Techno Projects's Volatility distribution charts can be found below:

* The bar in red indicates where Marg Techno Projects's Volatility falls into.

Marg Techno Projects (BOM:540254) Volatility Calculation

The annualized volatility is calculated as following:

σ_A	=	σ_M	*	√12
	=	√ 1/(n-1) ∑(Ri - R')^2	*	√12

Where: σ_M is the monthly volatility, n is the number of months in the period, R_i 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.

Marg Techno Projects (BOM:540254) 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.

Marg Techno Projects Volatility Related Terms

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Marg Techno Projects (BOM:540254) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Marg Techno Projects Ltd (BOM:540254) » Definitions » Volatility

Comparable Companies

Traded in Other Exchanges

N/A

Address

Adajan-Hazira Road, 406, Royal Trade Center, Opposite Star Bazar, Surat, GJ, IND, 395009

Website

https://www.margtechno.com

Marg Techno Projects Ltd is an Indian based company engaged in the provision of financial services. It provides, extends, lends money with or without guarantee, with or without security by way to a term loan, medium-term loan, short term loan, deferred payment guarantee, lease finance, venture finance, and by any other mode or scheme.

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