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Changzhou Kaidi Electrical (SHSE:605288) Volatility : 38.47% (As of Oct. 31, 2024)


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What is Changzhou Kaidi Electrical 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 (2024-10-31), Changzhou Kaidi Electrical's Volatility is 38.47%.


Competitive Comparison of Changzhou Kaidi Electrical's Volatility

For the Electrical Equipment & Parts subindustry, Changzhou Kaidi Electrical'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.


Changzhou Kaidi Electrical's Volatility Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Changzhou Kaidi Electrical's Volatility distribution charts can be found below:

* The bar in red indicates where Changzhou Kaidi Electrical's Volatility falls into.



Changzhou Kaidi Electrical  (SHSE:605288) 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.


Changzhou Kaidi Electrical  (SHSE:605288) 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.


Changzhou Kaidi Electrical Volatility Related Terms

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Changzhou Kaidi Electrical Business Description

Traded in Other Exchanges
N/A
Address
No. 2, Hengcui Road, Jiangcun Village, Henglin Town, Wujin District, Jiangsu Province, Changzhou, CHN, 213101
Changzhou Kaidi Electrical Inc is engaged in production and sales of linear drive system products. The company develops linear drive systems, product development, manufacturing, and domestic and international marketing. It provides linear drive system products in the fields of medical care, auto parts, among others.
Executives
Yao Bu Tang senior management
Lu Xiao Bo Directors, senior managers
Zhou Rong Qing Directors, senior managers
Yan Guo Hong senior management
Zhou Lin Yu Director
Zhou Shu Cheng Directors, senior managers
Chen Xu Pei senior management
Zhou Yan Qin senior management

Changzhou Kaidi Electrical Headlines

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