The Volatility of Silver Bear Resources Plc is 0.00%
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
Silver Bear Resources Plc engages in the acquisition, exploration, evaluation, and development of precious metal properties in Russia. The company explores for gold, silver, copper, lead, and zinc deposits. Its principal asset is the Mangazeisky silver project covering a license area of approximately 570 square kilometers located to the north of Yakutsk in the Republic of Sakha. Silver Bear Resources Plc was incorporated in 2017 and is headquartered in London, the United Kingdom.