Volkswagen AG Volatility
What is the Volatility of Volkswagen AG?
The Volatility of Volkswagen AG is 2.32%
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 Consumer Discretionary sector on XETRA compared to Volkswagen AG
What does Volkswagen AG do?
Volkswagen AG manufactures and sells automobiles primarily in Europe, North America, South America, and the Asia-Pacific. The company operates in four segments: Passenger Cars and Light Commercial Vehicles, Commercial Vehicles, Power Engineering, and Financial Services. The Passenger Cars and Light Commercial Vehicles segment develops vehicles and engines, and light commercial vehicles; and produces and sells passenger cars and related parts. The Commercial Vehicles segment develops, produces, and sells trucks and buses; and offers parts and related services. The Power Engineering segment offers large-bore diesel engines, turbomachinery, special gear units, and propulsion components. The Financial Services segment provides dealer and customer financing, leasing, banking and insurance, fleet management, and mobility services. The company also offers motorcycles. It provides its products under the Volkswagen Passenger Cars, Audi, ÂKODA, SEAT, Bentley, Porsche, Volkswagen Commercial Vehicles, Scania, MAN, Lamborghini, Ducati, and Bugatti brands. Volkswagen AG was incorporated in 1937 and is based in Wolfsburg, Germany.
Companies with volatility similar to Volkswagen AG
- Biffa Plc has Volatility of 2.31%
- Epizyme Inc has Volatility of 2.31%
- SI UCITS ETF - UC Thomson Reuters Balanced European Convertible Bond UCITS ETF has Volatility of 2.31%
- Xtrackers - MSCI Thailand UCITS ETF has Volatility of 2.31%
- Page Industries has Volatility of 2.31%
- JDE Peet's N.V has Volatility of 2.31%
- Volkswagen AG has Volatility of 2.32%
- Wendy`s Co has Volatility of 2.33%
- Sonoco Products Co has Volatility of 2.33%
- ArcelorMittal SA has Volatility of 2.33%
- Chipmos Technologies Inc has Volatility of 2.33%
- GT Gold has Volatility of 2.33%
- Tyson Foods has Volatility of 2.33%