GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Chemcrux Enterprises Ltd (BOM:540395) » Definitions » Volatility

Chemcrux Enterprises (BOM:540395) Volatility : 27.19% (As of Oct. 31, 2024)


View and export this data going back to 2017. Start your Free Trial

What is Chemcrux Enterprises 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 (2024-10-31), Chemcrux Enterprises's Volatility is 27.19%.


Competitive Comparison of Chemcrux Enterprises's Volatility

For the Specialty Chemicals subindustry, Chemcrux Enterprises'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.


Chemcrux Enterprises's Volatility Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Chemcrux Enterprises's Volatility distribution charts can be found below:

* The bar in red indicates where Chemcrux Enterprises's Volatility falls into.



Chemcrux Enterprises  (BOM:540395) 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.


Chemcrux Enterprises  (BOM:540395) 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.


Chemcrux Enterprises Volatility Related Terms

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


Chemcrux Enterprises Business Description

Traded in Other Exchanges
N/A
Address
Natubhai Circle, 330, Trivia Complex, Racecourse, Vadodara, GJ, IND, 390007
Chemcrux Enterprises Ltd is a chemical company in India. The company is involved in the manufacturing and processing of Bulk Drug Intermediates such as Para Chloro Benzoic, Ortho Benzoic Acid, and Lasamide. It operates in the single segment of Manufacturing of Specialty Chemicals, which includes intermediates for bulk drugs (API), as well as the dyes and pigment industries segment.

Chemcrux Enterprises Headlines

No Headlines