MGE Volatility
What is the Volatility of MGE?
The Volatility of MGE Energy, Inc. is 1.89%
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 Utilities sector on NASDAQ compared to MGE
What does MGE do?
mge energy, inc., through its subsidiaries, operates as a public utility holding company primarily in wisconsin. it operates through five segments: regulated electric utility operations; regulated gas utility operations; nonregulated energy operations; transmission investments; and all other. the company generates, purchases, and distributes electricity; owns or leases electric generation facilities located in wisconsin and iowa; and plans, constructs, operates, maintains, and expands transmission facilities to provide transmission services. it also generates electricity from coal, natural gas, and renewable energy sources, as well as purchases power under short and long-term commitments. as of february 26, 2020, the company distributed electricity to 155,000 customers in dane county, wisconsin; and purchased and distributed natural gas to 163,000 customers in seven south-central and western wisconsin counties. mge energy, inc. was founded in 1855 and is headquartered in madison, wisco
Companies with volatility similar to MGE
- Financiere Moncey SA has Volatility of 1.88%
- Eaton Vance Tax-Managed Buy-Write Strategy Fund has Volatility of 1.88%
- Western Gold Exploration has Volatility of 1.88%
- United Parcel Service has Volatility of 1.88%
- Pernod Ricard SA has Volatility of 1.88%
- Biotest AG has Volatility of 1.88%
- MGE has Volatility of 1.89%
- engage:BDR has Volatility of 1.90%
- Qrf Comm. VA has Volatility of 1.90%
- Darden Restaurants has Volatility of 1.90%
- Principal Inc has Volatility of 1.90%
- Albion Resources Ltd has Volatility of 1.90%
- Emperor has Volatility of 1.90%