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Genuine Parts Co Volatility

What is the Volatility of Genuine Parts Co?

The Volatility of Genuine Parts Co. is 2.31%

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 Consumer Discretionary sector on NYSE compared to Genuine Parts Co

What does Genuine Parts Co do?

founded in 1928, genuine parts company (gpc) is a service organization engaged in the distribution of automotive replacement parts, industrial replacement parts, office products and electrical/electronic materials. our products and services are offered though a network of over 1,800 operations, geographically located across the united states, canada and mexico. with over 75 years of distribution expertise, our well-positioned, regionally located distribution centers provide us with the unique ability to adapt our product and service lines to better suit our customers' needs. gpc's commitment and reputation for just-in-time service position us as a critical partner in our customers' success. gpc began to diversify its product lines nearly 30 years ago into several end-markets with strong growth opportunities. although each product is unique, we have leveraged 75 years of distribution know-how to manage these businesses the gpc way - continually improving operating and distribution e

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