KRUNG THAI BK PCL ORD Stock Standard Deviation: Understanding the Volatility

KRUNG(5)PCL(21)THAI(23)Stand(11)Stock(6569)ORD(925)

Are you looking to invest in the stock market but worried about the volatility? Understanding the standard deviation of a stock can provide valuable insights into its potential risks and returns. In this article, we'll delve into the KRUNG THAI BK PCL ORD stock and analyze its standard deviation, giving you a clearer picture of its volatility.

What is Standard Deviation?

Standard deviation is a statistical measure that calculates the amount of variation or dispersion of a set of values. In the context of stocks, it measures how much the stock's price fluctuates over time. A higher standard deviation indicates higher volatility, while a lower standard deviation suggests more stability.

Analyzing KRUNG THAI BK PCL ORD Stock

KRUNG THAI BK PCL (OTCMKTS:KTBKY) is a Thai bank with a diverse portfolio of financial services. To analyze its standard deviation, we'll examine historical data and compare it to other similar stocks.

Historical Data Analysis

According to data from Yahoo Finance, the standard deviation of KRUNG THAI BK PCL ORD stock over the past 52 weeks is 3.2%. This figure indicates a moderate level of volatility. However, it's essential to consider the context of this number.

Comparing with Similar Stocks

To gain a better understanding, let's compare KRUNG THAI BK PCL ORD's standard deviation with similar stocks in the financial sector. For instance, Bank of Thailand (OTCMKTS:BAKTF) has a standard deviation of 2.5%, while Bangkok Bank Public Company Limited (OTCMKTS:BKBKY) has a standard deviation of 4.1%.

This comparison shows that KRUNG THAI BK PCL ORD's stock has a slightly higher level of volatility than Bangkok Bank but is more stable than Bank of Thailand. It suggests that investors may expect moderate price fluctuations with this stock.

Case Study: Impact of Market Events on KRUNG THAI BK PCL ORD

Let's take a look at a recent market event that impacted KRUNG THAI BK PCL ORD stock. During the COVID-19 pandemic, many stocks experienced significant volatility. KRUNG THAI BK PCL ORD was no exception. In early 2020, the stock's standard deviation surged to over 5%, reflecting the heightened market uncertainty.

However, as the market stabilized, so did the stock's volatility. By the end of 2020, the standard deviation had returned to its pre-pandemic level of around 3.2%. This case study demonstrates the stock's resilience in the face of market turmoil.

Conclusion

In conclusion, the standard deviation of KRUNG THAI BK PCL ORD stock provides a valuable metric for investors to assess its volatility. With a standard deviation of 3.2% over the past 52 weeks, the stock presents a moderate level of risk and potential returns. As with any investment, it's essential to conduct thorough research and consider your financial goals and risk tolerance before making a decision.

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