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VNET Inc Volatility

What is the Volatility of VNET Inc?

The Volatility of VNET Group Inc is 6.07%

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 Technology sector on NASDAQ compared to VNET Inc

What does VNET Inc do?

21vianet group, inc. is a leading carrier-neutral internet data center services provider in china. 21vianet provides hosting and related services, managed network services, cloud services, content delivery network services, last-mile wired broadband services and business vpn services, improving the reliability, security and speed of its customers’ internet infrastructure. customers may locate their servers and networking equipment in 21vianet’s data centers and connect to china’s internet backbone through 21vianet’s extensive fiber optic network. in addition, 21vianet’s proprietary smart routing technology enables customers’ data to be delivered across the internet in a faster and more reliable manner. 21vianet operates in more than 30 cities throughout china, servicing a diversified and loyal base of more than 2,000 hosting enterprise customers that span numerous industries ranging from internet companies to government entities and blue-chip enterprises to small- to mid-sized enterpri

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