Hodnota metriky Volatilita spoločnosti Jiumaojiu International Holdings Limited je 0.00%
Volatilita alebo percentuálny average true range (ATRP 14) je ATR vyjadrený ako percentuálny podiel z uzatváracej ceny.
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
Jiumaojiu International Holdings Limited operates as a Chinese cuisine restaurant brand manager and operator in the People's Republic of China. As of December 31, 2019, it operated 292 restaurants and managed 44 franchised restaurants covering 40 cities in 16 provinces and four municipalities in the People's Republic of China under the Jiu Mao Jiu, Tai Er, Double Eggs, Cooking Spicy Kebab, and Uncle Chef brands. The company was founded in 1995 and is headquartered in Guangzhou, the People's Republic of China.