Mobile TeleSystems Public Joint Stock Volatility
What is the Volatility of Mobile TeleSystems Public Joint Stock?
The Volatility of Mobile TeleSystems Public Joint Stock Company is 21.43%
What is the definition of Volatility?
Volatility or average true range percent (ATRP 14) is the ATR expressed as a percentage of closing price.
14-day average true range percent
Average true range percent (ATRP) measures volatility on a relative level. This is opposed to the ATR, which measures volatility on an absolute level. ATRP allows securities to be compared whereas ATR does not. That means lower-priced stocks won't necessarily have lower ATR values than higher-priced stocks.
The period used in the calculation is 14 days and the normalized indicator oscillates between 0 and 100 percent of recent price variation. Importantly, the indicator doesn't predict the direction of price but it describes the current volatility. The volatility is comparable across all securities and all markets.
Volatility expresses the degree of price movement. The use of ATRP as volatility compared to ATR is preferred in cases when different securities or different time periods are compared. Examples are stock screening, filtering strategies, and studying seasonality and volatility patterns over long periods of time and different markets
Volatility of companies in the Miscellaneous sector on LSE compared to Mobile TeleSystems Public Joint Stock
What does Mobile TeleSystems Public Joint Stock do?
Mobile TeleSystems Public Joint Stock Company provides telecommunication services primarily in Russia. It offers voice and data transmission, internet access, broadband, pay TV, and various value added services through wireless and fixed lines; financial services; and integration services, as well as sells equipment, accessories, and software. The company also provides cloud computing services, data analysis tools, cybersecurity systems, and intelligent IoT solutions for B2B clients; provides My MTS self care app, mobile music, mobile TV, and video-on demand; and owns eSport clubs and MTS online shop. In addition, it offers banking and e-commerce services. The company was founded in 1993 and is headquartered in Moscow, Russia. Mobile TeleSystems Public Joint Stock Company is a subsidiary of Sistema Public Joint-Stock Financial Corporation.
Companies with volatility similar to Mobile TeleSystems Public Joint Stock
- Atlas Copco A has Volatility of 21.38%
- Altisource Asset Management Corp has Volatility of 21.39%
- Goldsource Mines has Volatility of 21.40%
- Upland Resources has Volatility of 21.41%
- Shunfeng International Clean has Volatility of 21.41%
- Global Petroleum has Volatility of 21.42%
- Mobile TeleSystems Public Joint Stock has Volatility of 21.43%
- Deltic Plc has Volatility of 21.46%
- Sennen Potash has Volatility of 21.46%
- Namaste Technologies has Volatility of 21.47%
- Dundas Minerals has Volatility of 21.47%
- Pensana Rare Earths Plc has Volatility of 21.49%
- Canfield Medical Supply has Volatility of 21.49%