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M.K. Exim (India) Volatility

What is the Volatility of M.K. Exim (India)?

The Volatility of M.K. Exim (India) Limited is 4.79%

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 Consumer Discretionary sector on BSE compared to M.K. Exim (India)

What does M.K. Exim (India) do?

M.K. Exim (India) Limited engages in the manufacture and sale of fabrics, readymade garments, and jewelry in India. It operates through Finish Fabrics, Garments & Dress Material; and Cosmetics segments. The company offers polyester viscose and polyester cotton blended shirting and suiting products, pure wool suitings, and polyester wool blended suitings under the Jhai Jhoray, Classic, Isiem, and Galaxy brands; and readymade garments, including jeans, shirts, skirts, and jackets. In addition, it supplies relief products, such as hygiene kits, kitchen sets, woolen and fleece blankets, tents, plastic tarpaulins, plastic sleeping mats, water purification tablets, pressure and wick stoves, plastic ropes, mosquito nets, sleeping bags, educational items, and other products. Further, the company distributes cosmetics. M.K. Exim (India) Limited also exports its products. M.K. Exim (India) Limited was founded in 1992 and is based in Jaipur, India.

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