GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Shamal Az-Zour Al-Oula Power And Water Co KSCP (KUW:AZNOULA) » Definitions » Volatility

Shamal Az-Zour Al-Oula Power And Water Co KSCP (KUW:AZNOULA) Volatility : 8.77% (As of Jun. 15, 2024)


View and export this data going back to 2020. Start your Free Trial

What is Shamal Az-Zour Al-Oula Power And Water Co KSCP 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 (2024-06-15), Shamal Az-Zour Al-Oula Power And Water Co KSCP's Volatility is 8.77%.


Competitive Comparison of Shamal Az-Zour Al-Oula Power And Water Co KSCP's Volatility

For the Utilities - Diversified subindustry, Shamal Az-Zour Al-Oula Power And Water Co KSCP'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.


Shamal Az-Zour Al-Oula Power And Water Co KSCP's Volatility Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Shamal Az-Zour Al-Oula Power And Water Co KSCP's Volatility distribution charts can be found below:

* The bar in red indicates where Shamal Az-Zour Al-Oula Power And Water Co KSCP's Volatility falls into.



Shamal Az-Zour Al-Oula Power And Water Co KSCP  (KUW:AZNOULA) 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.


Shamal Az-Zour Al-Oula Power And Water Co KSCP  (KUW:AZNOULA) 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.


Shamal Az-Zour Al-Oula Power And Water Co KSCP Volatility Related Terms

Thank you for viewing the detailed overview of Shamal Az-Zour Al-Oula Power And Water Co KSCP's Volatility provided by GuruFocus.com. Please click on the following links to see related term pages.


Shamal Az-Zour Al-Oula Power And Water Co KSCP (KUW:AZNOULA) Business Description

Traded in Other Exchanges
N/A
Address
Khalid Ibn Al Waleed Street, 6th Floor, Mazaya Tower 2, Block 3, Mirqab, Kuwait City, KWT
Shamal Az-Zour Al-Oula Power And Water Co KSCP is engaged in the development of Az-Zour North One Power and Water plant. The company promotes power generation plants and builds and operates power production and water desalination plants that produce more than 500 MW.

Shamal Az-Zour Al-Oula Power And Water Co KSCP (KUW:AZNOULA) Headlines

No Headlines