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Midea Real Estate Holding (HKSE:03990) Volatility : 43.46% (As of May. 28, 2024)


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What is Midea Real Estate Holding 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 (2024-05-28), Midea Real Estate Holding's Volatility is 43.46%.


Competitive Comparison of Midea Real Estate Holding's Volatility

For the Real Estate Services subindustry, Midea Real Estate Holding'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.


Midea Real Estate Holding's Volatility Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Midea Real Estate Holding's Volatility distribution charts can be found below:

* The bar in red indicates where Midea Real Estate Holding's Volatility falls into.



Midea Real Estate Holding  (HKSE:03990) 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.


Midea Real Estate Holding  (HKSE:03990) 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.


Midea Real Estate Holding Volatility Related Terms

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Midea Real Estate Holding (HKSE:03990) Business Description

Traded in Other Exchanges
Address
No.1 Chengde Road, 34th Floor, Tower 4, Midea Real Estate Plaza, Shunde District, Guangdong Province, Foshan, CHN, 528311
Midea Real Estate Holding Ltd is a real estate development company that offers real estate services. It operates through three principal business segments: Property development and sales; Property management services; and Investment and operation of commercial properties. Property development and sales generates most of the revenue.
Executives
He Jianfeng 2202 Interest of your spouse
He Xiangjian 2103 Interests held jointly with another person
Midea Development Holding (bvi) Limited 2101 Beneficial owner
Lu Deyan 2201 Interest of corporation controlled by you
Ya Ge Er Ji Tuan Gu Fen You Xian Gong Si 2101 Beneficial owner

Midea Real Estate Holding (HKSE:03990) Headlines

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