GNC Volatility
What is the Volatility of GNC?
The Volatility of GNC Holdings, Inc. is 13.30%
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 Health Care sector on OTC compared to GNC
What does GNC do?
GNC Holdings, Inc., together with its subsidiaries, operates as a specialty retailer of health, wellness, and performance products. It operates in three segments: U.S. and Canada, International, and Manufacturing/Wholesale. The company's products include protein, performance supplements, weight management supplements, vitamins, herbs and greens, wellness supplements, health and beauty products, food and drink products, and other general merchandise. It also provides third-party contract manufacturing services. The company sells its products through company-owned retail stores and its GNC.com Website, e-commerce and wholesale partnerships, and domestic and international franchise activities under the GNC proprietary brands, as well as other third-party brands. As of December 31, 2019, it had 7,532 GNC store locations worldwide. The company has a strategic partnership with Harbin Pharmaceutical Group Holding Co., Ltd. and International Vitamin Corporation. GNC Holdings, Inc. was founded in 1935 and is headquartered in Pittsburgh, Pennsylvania. On June 23, 2020, GNC Holdings, Inc., along with its affiliates, filed a voluntary petition for reorganization under Chapter 11 in the US Bankruptcy Court for the District of Delaware.
Companies with volatility similar to GNC
- Amati AIM VCT plc has Volatility of 13.28%
- Miton Global Opportunities PLC has Volatility of 13.28%
- Pacific Special Acquisition Cor has Volatility of 13.28%
- Castillo Copper has Volatility of 13.28%
- U3 O8 Corp has Volatility of 13.29%
- The Weir Plc has Volatility of 13.29%
- GNC has Volatility of 13.30%
- Einhell Germany AG has Volatility of 13.31%
- China Brilliant Global has Volatility of 13.31%
- AFC plc has Volatility of 13.32%
- Ondine Biomedical has Volatility of 13.33%
- Spir Communication has Volatility of 13.33%
- New Star Investment Trust Plc has Volatility of 13.33%