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Prime Lands Residencies (COL:PLR.N0000) Volatility : 30.29% (As of Sep. 26, 2024)


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What is Prime Lands Residencies 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 (2024-09-26), Prime Lands Residencies's Volatility is 30.29%.


Competitive Comparison of Prime Lands Residencies's Volatility

For the Real Estate - Development subindustry, Prime Lands Residencies'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.


Prime Lands Residencies's Volatility Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Prime Lands Residencies's Volatility distribution charts can be found below:

* The bar in red indicates where Prime Lands Residencies's Volatility falls into.



Prime Lands Residencies  (COL:PLR.N0000) 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.


Prime Lands Residencies  (COL:PLR.N0000) 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.


Prime Lands Residencies Volatility Related Terms

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Prime Lands Residencies Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
No.75, D.S. Senanayake Mawatha, Borella, Colombo, LKA, 08
Prime Lands Residencies PLC is engaged in the real estate property development sector. Its properties include Amber Sky Negombo, The Palace Gampaha, Edmonton Road Colombo 5, Beach Front II, Kassapa Road II, Jawa 25 Kassapa Road, Bella Rajagiriya, Prime Edmonton 2, among others. It operates in two segments: The sale of apartment properties, which accounts for the vast majority of its revenue: and the Sale of Lands.

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