Berkshire Hathaway Volatility
What is the Volatility of Berkshire Hathaway?
The Volatility of Berkshire Hathaway Inc. is 1.69%
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 NYSE compared to Berkshire Hathaway
What does Berkshire Hathaway do?
Berkshire Hathaway Inc., through its subsidiaries, engages in the insurance, freight rail transportation, and utility businesses worldwide. It provides property, casualty, life, accident, and health insurance and reinsurance; and operates railroad systems in North America. The company also generates, transmits, stores, and distributes electricity from natural gas, coal, wind, solar, hydro, nuclear, and geothermal sources; operates natural gas distribution and storage facilities, interstate pipelines, liquefied natural gas facilities, and compressor and meter stations; and holds interest in coal mining assets. In addition, the company manufactures boxed chocolates and other confectionery products; specialty chemicals, metal cutting tools, and components for aerospace and power generation applications; and flooring, insulation, roofing and engineered, building and engineered components, paints and coatings, and bricks and masonry products, as well as offers manufactured and site-built home construction, and related lending and financial services; and recreational vehicles, apparel products, jewelry, and custom picture framing products, and alkaline batteries. Further, it manufactures castings, forgings, fasteners/fastener systems, and aerostructures; and seamless pipes, fittings, downhole casing and tubing, and various mill forms. Additionally, the company distributes televisions and information; franchises and services quick service restaurants; distributes electronic components; and offers logistics services, grocery and foodservice distribution services, and professional aviation training and shared aircraft ownership programs. It also retails automobiles; furniture, bedding, and accessories; household appliances, electronics, and computers; jewelry, watches, crystal, china, stemware, flatware, gifts, and collectibles; kitchenware; and motorcycle apparel and equipment. The company was incorporated in 1998 and is headquartered in Omaha, Nebraska.
Companies with volatility similar to Berkshire Hathaway
- Mirae Asset Global Investments (Hong Kong) - Global X China Consumer Brand ETF has Volatility of 1.68%
- CAQ has Volatility of 1.68%
- Ansys has Volatility of 1.68%
- Franklin Services has Volatility of 1.68%
- SS&C Technologies has Volatility of 1.68%
- Cohen & Steers Total Return Realty Fund Inc has Volatility of 1.68%
- Berkshire Hathaway has Volatility of 1.69%
- TVA has Volatility of 1.70%
- GlobalSCAPE has Volatility of 1.70%
- Newcrest Mining has Volatility of 1.70%
- Equity Lifestyle Properties has Volatility of 1.70%
- FirstService Corp has Volatility of 1.70%
- Danaher has Volatility of 1.70%