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Suzhou Jinfu Technology Co (SZSE:300128) Volatility : 53.42% (As of May. 25, 2024)


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What is Suzhou Jinfu Technology 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 (2024-05-25), Suzhou Jinfu Technology Co's Volatility is 53.42%.


Competitive Comparison of Suzhou Jinfu Technology Co's Volatility

For the Electronic Components subindustry, Suzhou Jinfu Technology 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.


Suzhou Jinfu Technology Co's Volatility Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Suzhou Jinfu Technology Co's Volatility distribution charts can be found below:

* The bar in red indicates where Suzhou Jinfu Technology Co's Volatility falls into.



Suzhou Jinfu Technology Co  (SZSE:300128) 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.


Suzhou Jinfu Technology Co  (SZSE:300128) 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.


Suzhou Jinfu Technology Co Volatility Related Terms

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Suzhou Jinfu Technology Co (SZSE:300128) Business Description

Traded in Other Exchanges
N/A
Address
Suzhou Industrial Park, China Sheng Road No. 39, Suzhou, CHN, 215126
Suzhou Jinfu Technology Co Ltd is mainly engaged in electronic manufacturing, Internet of Things cloud storage and cloud computing services. The company's main products include backlight modules (BLUs), liquid crystal modules (LCMs), photoelectrical display thin film components, testing tools and automatic equipment, heat insulation and shock-absorbing products and precision die cutting equipment, among others.
Executives
Deng Hao Executives
Li Lei Executives
Wang Wen De Directors, executives
Huang Ya Fu Director
Deng Shi Qiang Executives
Yang Zheng Directors, executives
Fu Guo Ping Directors, Directors, and Executives
Ge Wei Dong Directors, executives
Weng Zhang Qing Executives
Yang Xiao Wei Director
Chen Yan Securities Affairs Representative
Shen Xiao Hua Supervisors

Suzhou Jinfu Technology Co (SZSE:300128) Headlines

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