Netlinkz Volatility
What is the Volatility of Netlinkz?
The Volatility of Netlinkz Limited is 9.53%
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 Technology sector on ASX compared to Netlinkz
What does Netlinkz do?
Netlinkz Limited provides network solutions in Australia, New Zealand, and China. It offers Virtual Secure Network technology that provides physical and virtual secure Ânetwork as a service' capabilities for enterprises of various sizes. The company also provides secure networking consulting, design, and implementation services to its resellers, partners, and customers. In addition, it engages in the sale, licensing, and support of network security solutions. The company was formerly known as iWebGate Limited and changed its name to Netlinkz Limited in October 2016. Netlinkz Limited was founded in 2004 and is headquartered in Darlinghurst, Australia.
Companies with volatility similar to Netlinkz
- Playgon Games has Volatility of 9.51%
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- Red Moon Resources has Volatility of 9.52%
- theMaven has Volatility of 9.52%
- Netlinkz has Volatility of 9.53%
- Homes & Holiday AG has Volatility of 9.54%
- Canstar Resources has Volatility of 9.54%
- iHeartMedia has Volatility of 9.54%
- Silver Mines has Volatility of 9.54%
- Edenred SA has Volatility of 9.54%
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