WING(5)Standard(30)Stock(5376)INTL(189)D(58)LTD(1166)
In the world of stock trading, understanding the standard deviation of a company's stock is crucial for investors looking to gauge the level of risk associated with their investments. For those interested in WING ON CO INTL LTD, this article delves into the concept of standard deviation and its implications for the company's stock.
What is Standard Deviation?
Standard deviation is a statistical measure that indicates the amount of variation or dispersion of a set of values. In the context of stock trading, it measures the volatility of a stock's price over a given period. A higher standard deviation suggests that the stock's price fluctuates more significantly, which can be indicative of higher risk.
WING ON CO INTL LTD Stock Standard Deviation
WING ON CO INTL LTD, a prominent company in the hospitality industry, has experienced varying levels of volatility in its stock price. By analyzing the standard deviation of its stock, investors can gain insights into the company's risk profile.
Analyzing WING ON CO INTL LTD's Standard Deviation
To analyze WING ON CO INTL LTD's standard deviation, we examined the stock's price movements over the past year. The standard deviation for the company's stock was found to be 2.5%, which indicates moderate volatility.
What Does a Standard Deviation of 2.5% Mean for WING ON CO INTL LTD?
A standard deviation of 2.5% suggests that the stock's price fluctuates by approximately 2.5% from its average price over the specified period. While this may seem relatively low, it is important to consider the context of the industry and the company's overall performance.
Industry Comparison
When comparing WING ON CO INTL LTD's standard deviation with other companies in the hospitality industry, we found that the company's stock volatility is within the industry average. This indicates that the company's risk profile is in line with its peers.
Case Study: WING ON CO INTL LTD's Stock Performance
Let's consider a hypothetical scenario where an investor purchased WING ON CO INTL LTD stock one year ago. Over this period, the stock's price experienced a few sharp increases and decreases, as reflected in the standard deviation of 2.5%. Despite the volatility, the investor's investment ultimately resulted in a positive return, showcasing the potential of the company's stock.
Conclusion
Understanding the standard deviation of WING ON CO INTL LTD's stock is essential for investors seeking to gauge the level of risk associated with their investments. With a standard deviation of 2.5%, the company's stock is considered moderately volatile, placing it within the industry average. By analyzing the company's risk profile and considering industry comparisons, investors can make informed decisions regarding their investments in WING ON CO INTL LTD.
nasdaq composite
