GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Hysan Development Co Ltd (OTCPK:HYSNY) » Definitions » Volatility

Hysan Development Co (Hysan Development Co) Volatility : 23.29% (As of May. 05, 2024)


View and export this data going back to 1993. Start your Free Trial

What is Hysan Development Co 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 (2024-05-05), Hysan Development Co's Volatility is 23.29%.


Competitive Comparison of Hysan Development Co's Volatility

For the Real Estate Services subindustry, Hysan Development Co'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.


Hysan Development Co's Volatility Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Hysan Development Co's Volatility distribution charts can be found below:

* The bar in red indicates where Hysan Development Co's Volatility falls into.



Hysan Development Co  (OTCPK:HYSNY) 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.


Hysan Development Co  (OTCPK:HYSNY) 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.


Hysan Development Co Volatility Related Terms

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


Hysan Development Co (Hysan Development Co) Business Description

Traded in Other Exchanges
Address
33 Hysan Avenue, 50th Floor, Lee Garden One, Causeway Bay, Hong Kong, HKG
Hysan Development Co Ltd is engaged in the real estate market. The business activities of the group function through Retail, Office, Residential, and Property development segments. The Retail segment is engaged in leasing of space and related facilities to a variety of retail and leisure operators; the Office segment is involved in the leasing of high-quality office space and related facilities; Residential segment offers leasing of luxury residential properties and related facilities; whereas the property development segment is involved in the development and sale of properties.

Hysan Development Co (Hysan Development Co) Headlines

From GuruFocus

Fashion extravaganza CENTRESTAGE opens today

By ACN Newswire 09-06-2023