GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » EverGen Infrastructure Corp (OTCPK:EVGIF) » Definitions » Volatility

EVGIF (EverGen Infrastructure) Volatility : 41.36% (As of Dec. 15, 2024)


View and export this data going back to 2021. Start your Free Trial

What is EverGen Infrastructure 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 (2024-12-15), EverGen Infrastructure's Volatility is 41.36%.


Competitive Comparison of EverGen Infrastructure's Volatility

For the Waste Management subindustry, EverGen Infrastructure'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.


EverGen Infrastructure's Volatility Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, EverGen Infrastructure's Volatility distribution charts can be found below:

* The bar in red indicates where EverGen Infrastructure's Volatility falls into.



EverGen Infrastructure  (OTCPK:EVGIF) 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.


EverGen Infrastructure  (OTCPK:EVGIF) 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.


EverGen Infrastructure Volatility Related Terms

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


EverGen Infrastructure Business Description

Traded in Other Exchanges
Address
1050 Homer Street, Suite 390, Vancouver, BC, CAN, V6B 2W9
EverGen Infrastructure Corp is focused on combating climate change and helping communities contribute to a carbon-free future by developing a Renewable Natural Gas Infrastructure Platform, starting on the West Coast of Canada in British Columbia. The company manages three organic waste facilities and two renewable natural gas (RNG) facilities.

EverGen Infrastructure Headlines

From GuruFocus