Search for another Company Symbol?

Volatility Analysis for Philip Morris

Prev. Co. Next Co.
Daily Volatility = Price Range as a percent of the daily average price. of Philip Morris

This chart shows Volatility for Philip Morris, defined to be the price range as a portion of the average price:

For instance, on 3/17/2010 the average price was 20.34 with a range of 0.23, indicating a Daily Volatility of 1.1%. Daily Volatility (the daily range as a portion of the daily average price) is plotted in green. Blue is Weekly Volatility, which is the weekly range as a portion of the weekly average price. This is a different concept from the weekly average of daily volatility.

For reference, the price is plotted in red. The remaining marks on the plot correspond to the Volatility measured across several time intervals.

According to academic theory, Volatility is exactly equal to Risk. But investors often make a distinction between these two concepts. The different character of Volatility as seen in different time frames, lends some support to the investor's view. Average Daily Volatility over the history of MO has been 2% in contrast to the Average Quarterly Volatility of 20%.



Prev. Co. Next Co.
MO:  Volatility Curve

If you have ever seen a "yield curve" you should be able to understand the concept behind this "yield curve". Each Volatility Curve is a snapshot in time. As the timespan across which Volatility is measured increases, the Volatility is expected to increase. However, as seen in this plot of the MO Volatility Curve, the increase is not constant.



Prev. Co. Next Co.
Daily Volatility Histogram of Philip Morris

This histogram is a frequency distribution of Daily Volatility, corresponding to the green points on the first chart on this page.



Prev. Co. Next Co.
Quarterly Volatility Histogram of Philip Morris

In a similar vein, the Frequency Distribution of the Quarterly Volatility is plotted here. This is the distribution of the values plotted in purple on the top chart from this page.

For Subscribers: Refined Analysis of Philip Morris Volatility and Risk Behavior

Refined Volatility Risk Analysis for MO :


Companies in the News:

In the news, Friday, March 19, 2010: An unfavorable condition has developed with Cincinnati Financial Corporation, ticker symbol CINF. Also, there are breaking events concerning Pre-Paid Legal (PPD) and Electronic Data Systems (EDS)

More MO Technical Analysis Topics

MO Price Predictions

Support and Resistance Levels

Volume Stratification Analysis

Politics and Prices of MO

Japanese Candlestick Analysis

Momentum Investing Indicators

MO Classical Analysis of Time Series

MO Historical Volume

MO Seasonal Trends

Market Sentiment

Back to MO Table of Contents


Information on public pages is delayed. Associates of Hybrid Technical may hold positions in issues covered here. These reports are not to be used for stock-picking or investment decision support. Any such use is strictly prohibited.



Notice: Pages available to the public on this site are for entertainment and academic purposes only. We do not advocate investment in common stock. We do not recommend the purchase or sale of this or any other issue. Research shows that most people who invest in common stock will lose money. Charts and concepts are property of Hybrid Technical. All Rights Reserved. All Content is Copyright 2008 by Hybrid Technical

.