SLM Solutions AG Volatility
What is the Volatility of SLM Solutions AG?
The Volatility of SLM Solutions Group AG is 0.28%
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 Industrials sector on XETRA compared to SLM Solutions AG
What does SLM Solutions AG do?
SLM Solutions Group AG provides metal-based additive manufacturing technology solutions in Germany and internationally. The company operates through two segments, Machine Business and After Sales Business. The Machine Business segment engages in the development, production, marketing, and sale of machines and peripheral equipment for selective laser melting. The After Sales Business segment provides machine-related services; and sells replacement parts, accessories, merchandise, and consumables, as well as offers various services. The company also offers software solutions. It serves aerospace, mechanical engineering, tool construction, and automotive industries, as well as medical technology and energy sectors. The company is headquartered in Lübeck, Germany.
Companies with volatility similar to SLM Solutions AG
- FRX Innovations has Volatility of 0.27%
- Tristel has Volatility of 0.27%
- Vanguard California Tax-Free Funds has Volatility of 0.27%
- Sichuan Languang Justbon Svcs has Volatility of 0.27%
- Hoegh LNG Partners LP has Volatility of 0.27%
- Prospect Capital Corp has Volatility of 0.27%
- SLM Solutions AG has Volatility of 0.28%
- Cloudcall Plc has Volatility of 0.29%
- Picton Mahoney Fortified Special Situations Alternative Fund has Volatility of 0.29%
- Japara Healthcare has Volatility of 0.29%
- The Toronto-Dominion Bank has Volatility of 0.29%
- Oriental University City (H.K.) has Volatility of 0.29%
- UBS ETF - Bloomberg Barclays USD Emerging Markets Sovereign UCITS ETF has Volatility of 0.29%