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Henan Shuanghui Investment & Development Co (SZSE:000895) Volatility : 26.44% (As of Oct. 31, 2024)


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What is Henan Shuanghui Investment & Development Co 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), Henan Shuanghui Investment & Development Co's Volatility is 26.44%.


Competitive Comparison of Henan Shuanghui Investment & Development Co's Volatility

For the Packaged Foods subindustry, Henan Shuanghui Investment & Development Co'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.


Henan Shuanghui Investment & Development Co's Volatility Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Henan Shuanghui Investment & Development Co's Volatility distribution charts can be found below:

* The bar in red indicates where Henan Shuanghui Investment & Development Co's Volatility falls into.



Henan Shuanghui Investment & Development Co  (SZSE:000895) 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.


Henan Shuanghui Investment & Development Co  (SZSE:000895) 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.


Henan Shuanghui Investment & Development Co Volatility Related Terms

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Henan Shuanghui Investment & Development Co Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Shuanghui Road, Shuanghui Tower, Henan Province, Luohe, CHN, 462000
Henan Shuanghui Investment & Development Co Ltd is a China-based meat processing company. It is principally engaged in the business of slaughtering, meat food, and food processing, packaging, processing of egg products and aquatic products.
Executives
Li Kai Executives
Hu Yu Hong Supervisors
Wang Hao Jie Executives
Yang Dong Sheng Independent director
Wan Long Director
Liu Jin Tao Executives
Wen Guo Shan Executives
You Zhao Sheng Executives
Liu Song Tao Executives
Hu Yun Gong Supervisors
You Mu Executives
Qi Yong Yao Secretary Dong
Ma Xiang Jie Executives
Zhang Tai Xi Directors, executives
Qiao Hai Li Executives

Henan Shuanghui Investment & Development Co Headlines

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