TP ICAP plc Volatility
What is the Volatility of TP ICAP plc?
The Volatility of TP ICAP plc is 16.65%
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 TP ICAP plc
What does TP ICAP plc do?
TP ICAP Group PLC provides intermediary services, contextual insights and intelligence, trade execution, pre-trade and settlement services, and data-led solutions in Europe, the Middle East, Africa, the Americas, and the Asia Pacific. The company operates through Global Broking, Energy & Commodities, Institutional Services, and Data & Analytics divisions. The Global Broking division operates in rates, foreign exchange and money markets, emerging markets, equities, and credit products. This division offers broking services, including facilitating price discovery and execution, and counterparties operating in the wholesale OTC and exchange-traded financial, and commodity markets. The Energy & Commodities division operates in various commodities markets, including oil, gas, power, renewables, ferrous metals, base metals, precious metals, soft commodities, and coal. It assists in canvassing the market for expressions of interest, intelligence gathering, negotiations, and post-transaction processing; and provides insights on the impact of unpredictable factors, such as weather conditions, geopolitics, and exchange rate movements. The Institutional Services division offers trade advisory and agency execution services that covers listed derivatives, foreign exchange, government bonds, cleared interest rate swaps, and cash equities for hedge funds, asset managers, and asset owners. The Data & Analytics division provides unbiased data products that facilitate trading, enhance transparency, reduce risk, and improve operational efficiency. TP ICAP Group PLC is based in St Helier, Jersey.
Companies with volatility similar to TP ICAP plc
- Vision Hydrogen has Volatility of 16.60%
- Net Zero Renewable Inc has Volatility of 16.62%
- Centaur Media Plc has Volatility of 16.64%
- Candelaria Mining has Volatility of 16.64%
- Li3 Lithium Corp has Volatility of 16.64%
- MediPharm Labs has Volatility of 16.64%
- TP ICAP plc has Volatility of 16.65%
- Monarca Minerals has Volatility of 16.66%
- Augmentum Fintech PLC has Volatility of 16.66%
- GreenBox POS has Volatility of 16.66%
- Db X Trackers Ii Mts Ex Bnk Ita has Volatility of 16.67%
- EasyETF - BNP Paribas Easy Euro Stoxx 50 UCITS ETF has Volatility of 16.68%
- Old Mutual has Volatility of 16.70%