Zynga Inc Volatility
What is the Volatility of Zynga Inc?
The Volatility of Zynga Inc is 3.11%
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 Communication Services sector on NASDAQ compared to Zynga Inc
What does Zynga Inc do?
Zynga is a global leader in interactive entertainment with a mission to connect the world through games. To date, more than one billion people have played Zynga's franchises including CSR Racing™, Empires & Puzzles™, Merge Dragons!™, Merge Magic!™, Toon Blast™, Toy Blast™, Words With Friends™ and Zynga Poker™. Zynga's games are available in more than 150 countries and are playable across social platforms and mobile devices worldwide. Founded in 2007, the company is headquartered in San Francisco with locations in the U.S., Canada, the U.K., Ireland, India, Turkey and Finland.
Companies with volatility similar to Zynga Inc
- Environmental Impact Acquisition has Volatility of 3.10%
- Synopsys has Volatility of 3.10%
- Community Corp has Volatility of 3.10%
- Chembio Diagnostics has Volatility of 3.10%
- VPC Impact Acquisition has Volatility of 3.10%
- BMG Resources has Volatility of 3.10%
- Zynga Inc has Volatility of 3.11%
- Hindalco Industries has Volatility of 3.12%
- Kuantum Papers has Volatility of 3.12%
- First Bancorp PR has Volatility of 3.12%
- Northrim has Volatility of 3.12%
- Emmerson Resources has Volatility of 3.12%
- Sundart has Volatility of 3.12%