GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » AMA Group Ltd (ASX:AMA) » Definitions » Volatility

AMA Group (ASX:AMA) Volatility : 102.80% (As of May. 17, 2024)


View and export this data going back to 2006. Start your Free Trial

What is AMA Group 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 (2024-05-17), AMA Group's Volatility is 102.80%.


Competitive Comparison of AMA Group's Volatility

For the Auto Parts subindustry, AMA Group'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.


AMA Group's Volatility Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, AMA Group's Volatility distribution charts can be found below:

* The bar in red indicates where AMA Group's Volatility falls into.



AMA Group  (ASX:AMA) 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.


AMA Group  (ASX:AMA) 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.


AMA Group Volatility Related Terms

Thank you for viewing the detailed overview of AMA Group's Volatility provided by GuruFocus.com. Please click on the following links to see related term pages.


AMA Group (ASX:AMA) Business Description

Traded in Other Exchanges
Address
484 St Kilda Road, Level 13, Melbourne, VIC, AUS, 3004
AMA Group Ltd operates in the wholesale vehicle aftercare and accessories market, including smash repair shops, automotive and electrical components, vehicle protection equipment, and servicing workshops for brakes and transmissions. The group only operates within geographical areas which are Australia and New Zealand. Its reportable segments include Vehicle Collision Repairs; Heavy Motor and Supply. The Vehicle Collision Repairs segment act as a revenue driver for the firm.

AMA Group (ASX:AMA) Headlines

No Headlines