Quang Ninh Clean Water JSC (HSTC:NQN) Volatility : 47.49% (As of Jun. 20, 2024)

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What is Quang Ninh Clean Water JSC 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 (2024-06-20), Quang Ninh Clean Water JSC's Volatility is 47.49%.

Competitive Comparison of Quang Ninh Clean Water JSC's Volatility

For the Utilities - Regulated Water subindustry, Quang Ninh Clean Water JSC'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.

Quang Ninh Clean Water JSC's Volatility Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Quang Ninh Clean Water JSC's Volatility distribution charts can be found below:

* The bar in red indicates where Quang Ninh Clean Water JSC's Volatility falls into.

Quang Ninh Clean Water JSC (HSTC:NQN) Volatility Calculation

The annualized volatility is calculated as following:

σ_A	=	σ_M	*	√12
	=	√ 1/(n-1) ∑(Ri - R')^2	*	√12

Where: σ_M is the monthly volatility, n is the number of months in the period, R_i 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.

Quang Ninh Clean Water JSC (HSTC:NQN) 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.

Quang Ninh Clean Water JSC Volatility Related Terms

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Quang Ninh Clean Water JSC (HSTC:NQN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Quang Ninh Clean Water JSC (HSTC:NQN) » Definitions » Volatility

Comparable Companies

Traded in Other Exchanges

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Address

449 Nguyen Van Cu Street, Hong Hai Ward, Quang Ninh Province, Ha Long City, VNM

Website

http://www.quawaco.com.vn

Quang Ninh Clean Water JSC engages in exploiting, producing and trading clean water for daily life, tourism, services, production, and other needs. It manages investment projects on the development of water supply and water supply systems in the province; designing, manufacturing, manufacturing, trading, importing machinery, equipment, and technology specialized in water supply and drainage, and environmental sanitation.

Quang Ninh Clean Water JSC (HSTC:NQN) Headlines

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