GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » TOM Group Ltd (HKSE:02383) » Definitions » Volatility

TOM Group (HKSE:02383) Volatility : 28.15% (As of Jun. 10, 2024)


View and export this data going back to 2004. Start your Free Trial

What is TOM 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 (2024-06-10), TOM Group's Volatility is 28.15%.


Competitive Comparison of TOM Group's Volatility

For the Publishing subindustry, TOM 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.


TOM Group's Volatility Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, TOM Group's Volatility distribution charts can be found below:

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



TOM Group  (HKSE:02383) 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.


TOM Group  (HKSE:02383) 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.


TOM Group Volatility Related Terms

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


TOM Group (HKSE:02383) Business Description

Traded in Other Exchanges
Address
26 Harbour Road, Rooms 1601-05, 16th Floor, China Resources Building, Wanchai, Hong Kong, HKG
TOM Group Ltd is a Chinese media conglomerate with the following operating segments. E-Commerce Group, Mobile Internet Group, Social Network Group, Publishing Group, and Advertising group. The majority is from the Publishing segment which includes magazine and book publishing and circulation, sales of advertising and other related product, and produces books and magazines around Taiwan and China. The Group has two divisions, Technology platform & investments, which include E-commerce, Mobile Internet, and Social network; Media Business, which includes Advertising and Publishing, out of which the majority is from the Media business. Geographically Hong Kong, Mainland China, Taiwan & other Asian country, the majority is from Taiwan & another Asian country.
Executives
Ck Hutchison Holdings Limited

TOM Group (HKSE:02383) Headlines

No Headlines