Iconic Worldwide Bhd (XKLS:9113) Volatility: 22.93% (As of Jul. 01, 2026)


What is Iconic Worldwide Bhd Volatility?

Iconic Worldwide Bhd XKLS:9113 Volatility is 22.93% as of Jul. 01, 2026. The stock has 5 warning signs investors should review.

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 (2026-07-01), Iconic Worldwide Bhd's Volatility is 22.93%.

Iconic Worldwide Bhd  (XKLS:9113) 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.

Iconic Worldwide Bhd Volatility Related Terms

XKLS:9113 vs ISRG, BDX, MDLN: Volatility Comparison

For the Medical Instruments & Supplies subindustry, Iconic Worldwide Bhd'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.

Iconic Worldwide Bhd Volatility vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Iconic Worldwide Bhd's Volatility distribution charts can be found below:

* The bar in red indicates where Iconic Worldwide Bhd's Volatility falls into.


Iconic Worldwide Bhd  (XKLS:9113) 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.

Frequently Asked Questions Learn more about Volatility →
What does a Volatility of 22.93% mean?
Iconic Worldwide Bhd (XKLS:9113) has a Volatility of 22.93% as of Jul. 01, 2026. Volatility is measured as the annualized standard deviation between monthly returns from the security over the past year. View historical data on Iconic Worldwide Bhd and its competitors.
Is Iconic Worldwide Bhd's Volatility too high?
Iconic Worldwide Bhd's current Volatility is 22.93%.
How does Iconic Worldwide Bhd's Volatility compare to ISRG and BDX?
Iconic Worldwide Bhd's Volatility of 22.93% can be compared against companies in the Medical Devices & Instruments industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Volatility for a Medical Devices & Instruments company?
A good Volatility depends on the Medical Devices & Instruments industry context. However, Volatility should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Volatility mean?
A high Volatility can signal that a stock is expensive relative to its fundamentals. Volatility is measured as the annualized standard deviation between monthly returns from the security over the past year. View historical data on Iconic Worldwide Bhd and its competitors. Iconic Worldwide Bhd's current Volatility is 22.93%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Iconic Worldwide Bhd stock overvalued right now?
Based on GuruFocus' analysis, Iconic Worldwide Bhd (XKLS:9113) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.04, compared to a current price of RM0.07 — trading 62.5% above its estimated fair value. The current Volatility is 22.93%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Volatility calculated?
Volatility is calculated from a company's financial statements. For Iconic Worldwide Bhd (XKLS:9113), the current Volatility is 22.93% as of Jul. 01, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Iconic Worldwide Bhd Business Description

Address No 1-2, Jalan Icon City, Icon City, Bukit Mertajam, PNG, MYS, 14000
Iconic Worldwide Bhd is an investment holding company. The company is involved in tourism and property businesses. The company is organized into the following reportable segments: Property development including construction and sale of commercial properties which generates maximum revenue for the company; Manufacturing segment involved in the manufacturing of personal protective equipment, mainly disposable face masks and gloves; Hospitality services engaged in the provision of tours and ticketing services, transportation services, hospitality services and trading of souvenirs, and other tourism-related products; and Others segment comprises investment holding, trading, warehousing, mobile crane services, timber log trading, sawmilling and manufacturing of downstream timber products.