Oct
27
Volatility is the dispersion of returns for a given security or market index. It is quantified by short-term traders as the average difference between a stocks daily high and daily low, divided by the stock price. A stock that moves $5 per day with a $50 share price is more volatile than a stock that moves $5 per day with a $150 share price, because the percentage move is greater with the first. Trading the most volatile stocks is an efficient way to trade, because theoretically these stocks offer the most profit potential.
Volatile stocks are prone to sharp moves, which require patience in awaiting entries, but quick action when those entries appear. As with any stock, trading volatile stocks that are trending provides a directional bias giving the trader an advantage.
Grupo Financiero Galicia S.A. (ADR) (NASDAQ:GGAL) after ending the last trading session the company has the volatility of 4.59% for the month and 5.36% for the week. The company has the RSI of 77.47 and Average True Range of 1.14. The Beta of the company is 1.49(Beta is a measure of the volatility, or systematic risk, of a security or a portfolio in comparison to the market as a whole). In the last trading session, the stock ended with the gain of 12.63% with the closing price of $23.99. The market capitalization of the company is $3.22 billion with the total shares volume of 1.86 million.
Sprouts Farmers Market Inc (NASDAQ:SFM) has the volatility of 3.97% for the month and 4.59% for the week after ending the last trading session. The company has the Average True Range of 0.88 with the RSI of 35.13. The market capitalization of the company is $3.44 billion and the stock ended its last trading day at $20.27 after declining -9.47%.
Merit Medical Systems, Inc. (NASDAQ:MMSI) has the beta value of 1.24 and the volatility of 4.76% for the month and 9.90% for the week. Beta is a measure of a stock’s volatility in relation to the market. The stock has current Average True Range (ATR) of 1.24 and Relative Strength Index (RSI) of 31.93. In the last trading session the company closed at $19.29 with an increase of 7.71%. The company has current market capitalization of $790.97 million.
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