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FKKFY (Fukuoka Financial Group) Volatility : 30.77% (As of Dec. 15, 2024)


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What is Fukuoka Financial Group 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), Fukuoka Financial Group's Volatility is 30.77%.


Competitive Comparison of Fukuoka Financial Group's Volatility

For the Banks - Regional subindustry, Fukuoka Financial Group'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.


Fukuoka Financial Group's Volatility Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Fukuoka Financial Group's Volatility distribution charts can be found below:

* The bar in red indicates where Fukuoka Financial Group's Volatility falls into.



Fukuoka Financial Group  (OTCPK:FKKFY) 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.


Fukuoka Financial Group  (OTCPK:FKKFY) 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.


Fukuoka Financial Group Volatility Related Terms

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Fukuoka Financial Group Business Description

Traded in Other Exchanges
Address
1-8-3, Otemon, Chuo-ku, Fukuoka, JPN, 810-8693
Fukuoka Financial Group Inc is a Japan-based financial holding company that is principally engaged in banking business through its subsidiaries, including the Bank of Fukuoka, the Kumamoto Bank, and the Shinwa Bank. The company conducts its core business (banking) through a branch network in Japan and overseas markets, including China, Thailand, Singapore, and the United States. The company also conducts other businesses, such as a securities business, an office work agent business, a loan guarantee business, a credit card business, a collateral valuation business, a consulting business, investments and loans, and others. The company generates the majority of its operating income from Japan.

Fukuoka Financial Group Headlines

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