GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Chicony Electronics Co Ltd (TPE:2385) » Definitions » Volatility

Chicony Electronics Co (TPE:2385) Volatility : 37.26% (As of May. 12, 2024)


View and export this data going back to 1999. Start your Free Trial

What is Chicony Electronics 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 (2024-05-12), Chicony Electronics Co's Volatility is 37.26%.


Competitive Comparison of Chicony Electronics Co's Volatility

For the Computer Hardware subindustry, Chicony Electronics 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.


Chicony Electronics Co's Volatility Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Chicony Electronics Co's Volatility distribution charts can be found below:

* The bar in red indicates where Chicony Electronics Co's Volatility falls into.



Chicony Electronics Co  (TPE:2385) 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.


Chicony Electronics Co  (TPE:2385) 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.


Chicony Electronics Co Volatility Related Terms

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


Chicony Electronics Co (TPE:2385) Business Description

Traded in Other Exchanges
N/A
Address
No. 69, Guangfu Road, Section 2, Sanchong District, New Taipei, TWN, 24158
Chicony Electronics Co Ltd is engaged in the manufacturing and sales of keyboards and other computer peripheral components. The company has manufacturing bases in Suzhou, Dongguan, Chongqing in China and in the Czech Republic. The company also has branches in the United States and Japan. Its business centers around the manufacture of computer peripheral products and video-image products. The four major product lines are input devices, portable keyboard modules, visual and image products as well as camera lens modules, keyboards, Internet cameras and Notebook camera modules. The sales of sports video-recorders and external tablet keyboards have also been growing.

Chicony Electronics Co (TPE:2385) Headlines

No Headlines