Vietnam Enterprise Investments Volatility
What is the Volatility of Vietnam Enterprise Investments?
The Volatility of Vietnam Enterprise Investments Ltd. is 8.41%
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 Finance sector on LSE compared to Vietnam Enterprise Investments
What does Vietnam Enterprise Investments do?
Vietnam Enterprise Investments Limited is a closed ended equity mutual fund launched and managed by Dragon Capital Management Limited. It invests in the public equity markets of Vietnam. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in value and growth stocks of companies. The fund also invests a part of its assets in private companies and equity linked instruments. It focuses on such factors as good corporate governance and alignment to Vietnam's underlying growth drivers to create its portfolio. The fund benchmarks the performance of its portfolio against the VN index, the MSCI EM Index, and the VN30 Index. Vietnam Enterprise Investments Limited was formed on August 31, 1995 and is domiciled in the Cayman Islands.
Companies with volatility similar to Vietnam Enterprise Investments
- Slate Office Reit 5.25 Pct Debs has Volatility of 8.40%
- Guangdong Adway Construction () has Volatility of 8.40%
- Alianza Minerals has Volatility of 8.40%
- Hallador Co has Volatility of 8.40%
- 8X8 has Volatility of 8.40%
- Global Technologies has Volatility of 8.40%
- Vietnam Enterprise Investments has Volatility of 8.41%
- BeWhere has Volatility of 8.42%
- Forum Metals has Volatility of 8.42%
- Canfor Pulp Products has Volatility of 8.42%
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