Absolute Equity Performance Fund Volatility
What is the Volatility of Absolute Equity Performance Fund?
The Volatility of Absolute Equity Performance Fund Limited is 0.34%
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 Finance sector on ASX compared to Absolute Equity Performance Fund
What does Absolute Equity Performance Fund do?
Absolute Equity Performance Fund Limited is an equity mutual fund launched and managed by Bennelong Long Short Equity Management Pty Limited. It invests in the public equity markets of Australia. The fund employs fundamental analysis and uses fundamental research to select securities and generate return. It invests in stocks of companies operating across the diversified sectors. Absolute Equity Performance Fund Limited was founded in November, 2015 and is domiciled in Australia.
Companies with volatility similar to Absolute Equity Performance Fund
- Compagnie des Tramways de Rouen has Volatility of 0.33%
- Genworth MI Canada has Volatility of 0.33%
- WisdomTree Trust has Volatility of 0.33%
- KINS Technology has Volatility of 0.33%
- Verso Corp has Volatility of 0.33%
- Entergy Arkansas has Volatility of 0.33%
- Absolute Equity Performance Fund has Volatility of 0.34%
- C C Land has Volatility of 0.35%
- Aleafia Health Inc has Volatility of 0.35%
- John Laing plc has Volatility of 0.35%
- Leyou Technologies has Volatility of 0.35%
- Cordy Oilfield Services has Volatility of 0.35%
- Generix France SA has Volatility of 0.35%