In the world of finance, understanding the volatility of stocks is crucial for investors. One key metric that helps gauge this volatility is the standard deviation. In this article, we delve into the standard deviation of GENTING MALAYSIA BHD ORD stock, providing insights into its performance and potential risks.
Understanding Standard Deviation
Standard deviation is a statistical measure that quantifies the amount of variation or dispersion of a set of values. In the context of stocks, it indicates how much the stock's price fluctuates over a given period. A higher standard deviation suggests greater volatility, which can be both beneficial and risky for investors.
GENTING MALAYSIA BHD ORD Stock Performance
GENTING MALAYSIA BHD ORD, a leading entertainment and leisure company in Malaysia, has been a subject of interest for many investors. To assess its volatility, let's examine its standard deviation.
Historical Standard Deviation
Over the past year, the standard deviation of GENTING MALAYSIA BHD ORD stock has been 2.5%. This indicates that the stock has experienced relatively moderate price fluctuations during this period. However, it's important to note that this figure can vary over time and is subject to market conditions.
Comparative Analysis
To better understand the volatility of GENTING MALAYSIA BHD ORD stock, let's compare it with other companies in the same industry. For instance, the standard deviation of its main competitor, STAR HUB BERHAD, has been 3.2% over the same period. This suggests that GENTING MALAYSIA BHD ORD has slightly lower volatility compared to its peers.
Factors Influencing Standard Deviation
Several factors can influence the standard deviation of a stock, including:
- Market Conditions: Economic downturns or geopolitical events can lead to increased volatility.
- Company Performance: Poor financial results or negative news can cause a stock's price to fluctuate.
- Industry Trends: Changes in the entertainment and leisure industry can impact the stock's performance.
Case Study: GENTING MALAYSIA BHD ORD Stock Volatility
In 2020, the COVID-19 pandemic had a significant impact on the entertainment and leisure industry. GENTING MALAYSIA BHD ORD, like many other companies in the sector, experienced a decline in revenue and increased volatility in its stock price. However, the company's strong financial position and strategic initiatives helped mitigate the impact, resulting in a relatively stable standard deviation.
Conclusion
In conclusion, the standard deviation of GENTING MALAYSIA BHD ORD stock provides valuable insights into its volatility. While it has experienced moderate price fluctuations over the past year, the company's strong performance and strategic initiatives have helped mitigate risks. As with any investment, it's important for investors to consider the standard deviation along with other factors before making investment decisions.
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