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Hung Hing Printing Group (FRA:HUV) Volatility : 15.84% (As of Sep. 22, 2024)


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What is Hung Hing Printing 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 (2024-09-22), Hung Hing Printing Group's Volatility is 15.84%.


Competitive Comparison of Hung Hing Printing Group's Volatility

For the Specialty Business Services subindustry, Hung Hing Printing 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.


Hung Hing Printing Group's Volatility Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Hung Hing Printing Group's Volatility distribution charts can be found below:

* The bar in red indicates where Hung Hing Printing Group's Volatility falls into.



Hung Hing Printing Group  (FRA:HUV) 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.


Hung Hing Printing Group  (FRA:HUV) 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.


Hung Hing Printing Group Volatility Related Terms

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Hung Hing Printing Group Business Description

Traded in Other Exchanges
Address
17-19 Dai Hei Street, Hung Hing Printing Centre, Tai Po Industrial Estate, New Territories, Hong Kong, HKG
Hung Hing Printing Group Ltd is a Hong Kong-based company. The company operates in various business segments which are Book and Package Printing, Consumer Product Packaging, Corrugated Box, and Paper Trading. The Book and Package Printing segment generate maximum revenue for the company. Geographically, the company offers its services to the United States of America, the PRC, the U.K., Hong Kong, and other countries, of which prime revenue is derived from Hong Kong.

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