Cromwell Property Stapled Securities Volatility
What is the Volatility of Cromwell Property Stapled Securities?
The Volatility of Cromwell Property Group Stapled Securities is 2.49%
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 Real Estate sector on ASX compared to Cromwell Property Stapled Securities
What does Cromwell Property Stapled Securities do?
Cromwell Property Group (ASX:CMW) is a diversified real estate investor and manager with operations on three continents and a global investor base. As at 30 June 2020, Cromwell had a market capitalisation of $2.4 billion, a direct property investment portfolio valued at $3.0 billion and total assets under management of $11.5 billion across Australia, New Zealand and Europe.
Companies with volatility similar to Cromwell Property Stapled Securities
- China International Capital Hong Kong Asset Management - ICBC CICC USD Money Market ETF has Volatility of 2.48%
- Affluent Foundation has Volatility of 2.48%
- Virtus Stone Harbor Emerging Markets Total Income Fund has Volatility of 2.48%
- Holly Partners L.P has Volatility of 2.48%
- CP Pokphand Co has Volatility of 2.48%
- World Houseware () has Volatility of 2.48%
- Cromwell Property Stapled Securities has Volatility of 2.49%
- Centene has Volatility of 2.50%
- Electrotherm (India) has Volatility of 2.50%
- Diageo Plc has Volatility of 2.50%
- MS Industrie AG has Volatility of 2.50%
- Compagnie Miniere Grecemar SA has Volatility of 2.50%
- CDW Corp has Volatility of 2.50%