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 (2024-05-11), Baiyu Holdings's Volatility is 80.14%.
Competitive Comparison of Baiyu Holdings's Volatility
For the Shell Companies subindustry, Baiyu Holdings'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.
Baiyu Holdings's Volatility Distribution in the Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, Baiyu Holdings's Volatility distribution charts can be found below:
* The bar in red indicates where Baiyu Holdings's Volatility falls into.
Baiyu Holdings (NAS:BYU) 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.
Baiyu Holdings (NAS:BYU) 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.
Baiyu Holdings Volatility Related Terms
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Baiyu Holdings (Baiyu Holdings) Business Description
Baiyu Holdings Inc is engaged in Bulk B2B commodity trading business and supply chain service business in China. The Commodities Trading Business involves purchasing the non-ferrous metal product from upstream metal and mineral suppliers and then selling to downstream customers. It offers comprehensive solutions and operations for global new energy storage systems and specialized sectors. The Supply Chain Service Business has served as a one-stop commodity supply chain service and digital intelligence supply chain platform integrating upstream and downstream enterprises, warehouses, logistics, information, and futures trading.
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