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 (2024-05-07), Legacy EJY's Volatility is 97.47%.
Competitive Comparison of Legacy EJY's Volatility
For the Specialty Retail subindustry, Legacy EJY'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.
Legacy EJY's Volatility Distribution in the Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Legacy EJY's Volatility distribution charts can be found below:
* The bar in red indicates where Legacy EJY's Volatility falls into.
Legacy EJY (OTCPK:ENJYQ) 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.
Legacy EJY (OTCPK:ENJYQ) 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.
Legacy EJY Volatility Related Terms
Thank you for viewing the detailed overview of Legacy EJY's Volatility provided by GuruFocus.com. Please click on the following links to see related term pages.
Legacy EJY Inc, formerly Enjoy Technology Inc is a technology-powered platform reinventing Commerce at Home to bring the best of the store directly to the customer. It has formed multi-year commercial relationships with some of the leading consumer brands to bring the products, services, and subscriptions to the door directly in the comfort and convenience of homes. The company has pioneered a new retail experience which can do everything a traditional retail experience offers through its Mobile Stores. The company's geographical segment includes North America and Europe. It derives a majority of revenue from North America. The North America segment consists of operations within the United States and Canada.
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