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Yunhong Guixin Group Holdings (HKSE:08349) Volatility : 40.24% (As of Jun. 24, 2024)


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What is Yunhong Guixin Group Holdings 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 (2024-06-24), Yunhong Guixin Group Holdings's Volatility is 40.24%.


Competitive Comparison of Yunhong Guixin Group Holdings's Volatility

For the Building Products & Equipment subindustry, Yunhong Guixin Group Holdings'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.


Yunhong Guixin Group Holdings's Volatility Distribution in the Construction Industry

For the Construction industry and Industrials sector, Yunhong Guixin Group Holdings's Volatility distribution charts can be found below:

* The bar in red indicates where Yunhong Guixin Group Holdings's Volatility falls into.



Yunhong Guixin Group Holdings  (HKSE:08349) 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.


Yunhong Guixin Group Holdings  (HKSE:08349) 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.


Yunhong Guixin Group Holdings Volatility Related Terms

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Yunhong Guixin Group Holdings (HKSE:08349) Business Description

Traded in Other Exchanges
N/A
Address
66 South Oujiang Road, Haimen ETDZ Nantong, Jiangsu, Haimen, CHN, 226100
Yunhong Guixin Group Holdings Ltd is a manufacturer in the PRC engaged in the research and development, production, and sale of a variety of fiberglass reinforced plastic grating products. Its products consist of FRP grating products; phenolic grating products; and epoxy wedge strip products. The company operates into two segments: fiberglass business that involves research and development, production and sales of fiberglass reinforced plastic products in the PRC; and silica sand business consists sales of industrial silica sand materials in the PRC. Its products are widely applied in industries including petrochemical, electrical, marine engineering, plating, vessel, metallurgy, steel, papermaking, brewing, and municipal industry and are mainly used in the operating platform, and others.
Executives
Huang Xuechao 2101 Beneficial owner
Yan Qixu 2101 Beneficial owner
Li Yubao 2201 Interest of corporation controlled by you
Lf International Pte. Ltd. 2101 Beneficial owner
Wu Dong 2101 Beneficial owner
Yun Hong Ji Tuan Gu Fen You Xian Gong Si 2101 Beneficial owner

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