4 Basebio Ag Na O.N Volatility
What is the Volatility of 4 Basebio Ag Na O.N?
The Volatility of 4 Basebio Ag Na O.N. is 1.30%
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 Health Care sector on XETRA compared to 4 Basebio Ag Na O.N
What does 4 Basebio Ag Na O.N do?
2invest AG, an investment company, acquires, holds, manages, and sells investments in corporations and partnerships primarily in the biotechnology, life science, and IT sectors in Germany and internationally. The company was formerly known as 4basebio AG and changed its name to 2invest AG in January 2021. 2invest AG is based in Heidelberg, Germany.
Companies with volatility similar to 4 Basebio Ag Na O.N
- Macquarie Global Infrastructure Total Return Fund Inc has Volatility of 1.29%
- Delaware Ivy High Income Opportunities Fund has Volatility of 1.29%
- Immatics N.V has Volatility of 1.29%
- Jayride has Volatility of 1.29%
- Alliant has Volatility of 1.29%
- Philip Morris International has Volatility of 1.29%
- 4 Basebio Ag Na O.N has Volatility of 1.30%
- SLR Investment Corp has Volatility of 1.31%
- Mediawan War has Volatility of 1.31%
- Lookers Plc has Volatility of 1.31%
- Aozora Bank has Volatility of 1.31%
- Traton SE has Volatility of 1.31%
- Sogeclair SA has Volatility of 1.31%