Farfetch Ltd Volatility
What is the Volatility of Farfetch Ltd?
The Volatility of Farfetch Ltd is 118.66%
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 NYSE compared to Farfetch Ltd
What does Farfetch Ltd do?
farfetch is an innovative e-commerce company that brings the world’s best independent fashion boutiques to an international audience. launched in october 2008, farfetch is rapidly growing into a truly global company. our family now includes more than 300 independent boutiques across europe and north america, offices in london, new york, la, tokyo, guimarães, porto and são paulo, and a team of over 500 talented people.
Companies with volatility similar to Farfetch Ltd
- Apple Finance has Volatility of 113.24%
- Entera Bio WT EXP 062723 has Volatility of 114.10%
- Haydale Graphene Industries plc has Volatility of 115.12%
- Steinhoff International N.V has Volatility of 115.67%
- TRACON Pharmaceuticals Inc has Volatility of 115.70%
- Gamida Cell Ltd has Volatility of 116.48%
- Farfetch Ltd has Volatility of 118.66%
- Swaraj Automotives has Volatility of 119.03%
- Chaarat Gold has Volatility of 119.43%
- Casa Systems Inc has Volatility of 119.47%
- Wheelock & Co has Volatility of 120.06%
- Axcella Health Inc has Volatility of 120.32%
- Giga Metals has Volatility of 120.48%