EZZ Steel CoE (LSE:AEZD) Volatility : N/A% (As of Jun. 20, 2024)

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What is EZZ Steel CoE 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.

EZZ Steel CoE does not have enough data to calculate Volatility.

Competitive Comparison of EZZ Steel CoE's Volatility

For the Steel subindustry, EZZ Steel CoE'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.

EZZ Steel CoE's Volatility Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, EZZ Steel CoE's Volatility distribution charts can be found below:

* The bar in red indicates where EZZ Steel CoE's Volatility falls into.

EZZ Steel CoE (LSE:AEZD) 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.

EZZ Steel CoE (LSE:AEZD) 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.

EZZ Steel CoE Volatility Related Terms

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EZZ Steel CoE (LSE:AEZD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » EZZ Steel Co SAE (LSE:AEZD) » Definitions » Volatility

Comparable Companies

Traded in Other Exchanges

ESRS:Egypt

Address

1089 Cornich El-Nil, Four Seasons Nile Plaza, The Corporate Building, Garden City, Cairo, EGY, 1089

Website

https://www.ezzsteel.com

EZZ Steel Co SAE is an Egypt-based company that manufactures and distributes long and flat steel products. The company's long products, including rebar and wire rod, are employed in applications including concrete reinforcement bars, nails, bolts, tacks, welding tools, electrical components, wire mesh, and others. The company's flat products are applied in automotive components, suspension parts, wheels, containers, gas cylinders, and others.

EZZ Steel CoE (LSE:AEZD) Headlines

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