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Lufax Holding (HKSE:06623) Volatility : 99.40% (As of Dec. 14, 2024)


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What is Lufax Holding 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 (2024-12-14), Lufax Holding's Volatility is 99.40%.


Competitive Comparison of Lufax Holding's Volatility

For the Credit Services subindustry, Lufax Holding'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.


Lufax Holding's Volatility Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Lufax Holding's Volatility distribution charts can be found below:

* The bar in red indicates where Lufax Holding's Volatility falls into.



Lufax Holding  (HKSE:06623) 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.


Lufax Holding  (HKSE:06623) 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.


Lufax Holding Volatility Related Terms

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Lufax Holding Business Description

Traded in Other Exchanges
Address
Jinxiu East Road, Lane 2777, Pudong New District, Building No. 6, Shanghai, CHN
Lufax Holding Ltd is a technology-empowered personal financial services platform in China. The company address the large unmet demand for personal lending among small business owners as well as salaried workers in China and provides tailor-made wealth management solutions to China's middle class and affluent population. Its platform has two hubs namely Retail Credit Facilitation Hub and Wealth Management Hub.
Executives
Dou Wenwei 2201 Interest of corporation controlled by you
Lanbang Investment Company Limited 2201 Interest of corporation controlled by you
Shi Jingkui 2201 Interest of corporation controlled by you
Tongjun Investment Company Limited 2201 Interest of corporation controlled by you
Tun Kung Company Limited 2101 Beneficial owner
Wang Wenjun 2201 Interest of corporation controlled by you
Yang Xuelian 2201 Interest of corporation controlled by you
An Ke Technology Company Limited 2101 Beneficial owner
Shenzhen Ping An Financial Technology Consulting Co., Ltd. 2201 Interest of corporation controlled by you
China Ping An Insurance Overseas (holdings) Limited 2101 Beneficial owner
Zhong Guo Ping An Bao Xian Ji Tuan Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you

Lufax Holding Headlines

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