GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Richard Pieris & Company PLC (COL:RICH.N0000) » Definitions » Volatility

Richard Pierismpany (COL:RICH.N0000) Volatility : 23.32% (As of Mar. 17, 2025)


View and export this data going back to 1951. Start your Free Trial

What is Richard Pierismpany 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 (2025-03-17), Richard Pierismpany's Volatility is 23.32%.


Competitive Comparison of Richard Pierismpany's Volatility

For the Conglomerates subindustry, Richard Pierismpany'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.


Richard Pierismpany's Volatility Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Richard Pierismpany's Volatility distribution charts can be found below:

* The bar in red indicates where Richard Pierismpany's Volatility falls into.



Richard Pierismpany  (COL:RICH.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.


Richard Pierismpany  (COL:RICH.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.


Richard Pierismpany Volatility Related Terms

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


Richard Pierismpany Business Description

Traded in Other Exchanges
N/A
Address
Number 310, High Level Road, Nawinna, Maharagama, LKA
Richard Pieris & Company PLC is a conglomerate that operates in various sectors including Rubber, Tyre, Plastic and furniture, Retail, Financial and Other Services, and Plantations. The company derives the majority of the revenue from a Retail segment that is involved in the sale of fast moving consumer goods, household goods, furniture and electronic goods and provides value-added services, such as bank service points, ATMs, credit card and mobile bill payment facilities. It operates a chain of Arpico Supercentres/Superstores, showrooms, and Arpico Daily Outlets. Geographically, it derives a majority of revenue from Sri Lanka.

Richard Pierismpany Headlines

No Headlines