Lyxor Japan (Topix) (Dr) Ucits Volatility
What is the Volatility of Lyxor Japan (Topix) (Dr) Ucits?
The Volatility of Lyxor Japan (Topix) (Dr) Ucits is 29.77%
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 Miscellaneous sector on LSE compared to Lyxor Japan (Topix) (Dr) Ucits
What does Lyxor Japan (Topix) (Dr) Ucits do?
Lyxor UCITS ETF Japan (TOPIX) is an exchange traded fund launched and managed by Lyxor International Asset Management S.A. It invests in the public equity markets of Japan. The fund uses derivatives such as swap agreements to invest in the stocks of companies operating across diversified sectors. It invests in the stocks of large-cap companies. The fund seeks to replicate the performance of the TOPIX Gross Total Return Index, by employing synthetic replication methodology. It was formerly known as Lyxor ETF Japan (TOPIX). Lyxor UCITS ETF Japan (TOPIX) was formed on October 28, 2005 and is domiciled in France.
Companies with volatility similar to Lyxor Japan (Topix) (Dr) Ucits
- Goldstone Resources has Volatility of 29.68%
- ObsEva SA has Volatility of 29.69%
- Wirecard AG has Volatility of 29.70%
- Yunhong International has Volatility of 29.72%
- Youngevity International Inc has Volatility of 29.75%
- Budding Times has Volatility of 29.76%
- Lyxor Japan (Topix) (Dr) Ucits has Volatility of 29.77%
- Exprivia S.p.A has Volatility of 29.79%
- Monopar Therapeutics Inc has Volatility of 29.82%
- NorZinc has Volatility of 29.88%
- Pacific Special Acquisition Cor has Volatility of 29.98%
- Pacific Special Acquisition Cor has Volatility of 29.99%
- Cineworld Plc has Volatility of 30.00%