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Xinjiang Tianshun Supply Chain Co (SZSE:002800) Volatility : 38.10% (As of Dec. 12, 2024)


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What is Xinjiang Tianshun Supply Chain 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 (2024-12-12), Xinjiang Tianshun Supply Chain Co's Volatility is 38.10%.


Competitive Comparison of Xinjiang Tianshun Supply Chain Co's Volatility

For the Integrated Freight & Logistics subindustry, Xinjiang Tianshun Supply Chain 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.


Xinjiang Tianshun Supply Chain Co's Volatility Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Xinjiang Tianshun Supply Chain Co's Volatility distribution charts can be found below:

* The bar in red indicates where Xinjiang Tianshun Supply Chain Co's Volatility falls into.



Xinjiang Tianshun Supply Chain Co  (SZSE:002800) 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.


Xinjiang Tianshun Supply Chain Co  (SZSE:002800) 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.


Xinjiang Tianshun Supply Chain Co Volatility Related Terms

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Xinjiang Tianshun Supply Chain Co Business Description

Traded in Other Exchanges
N/A
Address
No. 52, Dalian Street, Urumqi Economic Development Zone, Xinjiang, Urumqi, CHN
Xinjiang Tianshun Supply Chain Co Ltd is engaged in the multi-modal transportation of bulk cargo and bulk cargo, third-party logistics and public rail transport, and provides supply chain management, logistics park operation, and logistics finance. Its Services include integrated supply chain services including supply chain solution design, logistics, supply chain process management, warehousing, procurement, distribution, logistics and financial services.
Executives
Ma Xin Ping Executives
Wang Ji Li Directors, executives
Zhao Su Fei Supervisors
Gao Xiang Securities Affairs Representative
Wang Lve Secretary Dong
Wu Yong Director

Xinjiang Tianshun Supply Chain Co Headlines

No Headlines