GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First Financial Bankshares Inc (FRA:FI6) » Definitions » Volatility

First Financial Bankshares (FRA:FI6) Volatility : 33.18% (As of May. 12, 2024)


View and export this data going back to 2020. Start your Free Trial

What is First Financial Bankshares 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 (2024-05-12), First Financial Bankshares's Volatility is 33.18%.


Competitive Comparison of First Financial Bankshares's Volatility

For the Banks - Regional subindustry, First Financial Bankshares'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.


First Financial Bankshares's Volatility Distribution in the Banks Industry

For the Banks industry and Financial Services sector, First Financial Bankshares's Volatility distribution charts can be found below:

* The bar in red indicates where First Financial Bankshares's Volatility falls into.



First Financial Bankshares  (FRA:FI6) 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.


First Financial Bankshares  (FRA:FI6) 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.


First Financial Bankshares Volatility Related Terms

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


First Financial Bankshares (FRA:FI6) Business Description

Traded in Other Exchanges
Address
400 Pine Street, Abilene, TX, USA, 79601
First Financial Bankshares Inc is a financial and bank holding company. The company operates one line of business (community banking) located in a single geographic area (Texas). The company conducts a full-service commercial banking business through its subsidiaries. The loan portfolio segments of the company include Commercial and Industrial, Municipal, Agricultural, Construction and Development, Farm, Non-Owner Occupied and Owner Occupied Commercial Real Estate, Residential, Consumer Auto and Consumer Non-Auto.

First Financial Bankshares (FRA:FI6) Headlines

No Headlines