Wartość Zmienność organizacji Nanovation Microtech Inc. to 0.00%
Zmienność lub procent average true range (ATRP 14) to ATR wyrażone jako procent ceny zamknięcia.
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
Nanovation Microtech, Inc. develops and sells applications and games for iPhone, iPad, and Apple watches. The company was formerly known as Kalmin Corp. and changed its name to Nanovation Microtech, Inc. in July 2020. The company was founded in 2016 and is based in Copenhagen, Denmark. Nanovation Microtech, Inc. is a subsidiary of Greenfield International Limited.