Stock volatility is a percentage that indicates whether a stock is a desirable purchase. Investors look at the Volatility 12m to determine if a company has a low volatility percentage or not over the course of a year. The Volatility 12m of Growlife, Inc. (OTCPK:PHOT) is 138.141600. This is calculated by taking weekly log normal returns and standard deviation of the share price over one year annualized. The lower the number, a company is thought to have low volatility. The Volatility 3m is a similar percentage determined by the daily log normal returns and standard deviation of the share price over 3 months. The Volatility 3m of Growlife, Inc. (OTCPK:PHOT) is 133.520800. The Volatility 6m is the same, except measured over the course of six months. The Volatility 6m is 110.240200.
Investors might be searching far and wide for the next set of winning stocks to add to the portfolio. Many value investors may be on the lookout for stocks that are underpriced at current levels. Some investors may be looking for names that have the potential to see major growth in the next few years. Picking growth companies can be a bit riskier, but they may have much bigger potential for substantial returns. Other investors may be interested in finding companies that provide stable returns and pay out a solid dividend. Investors may even choose to piece together the portfolio with stocks from different categories. Having a diverse selection of stocks is typically recommended for longer-term portfolio health.
We can now take a quick look at some historical stock price index data. Growlife, Inc. (OTCPK:PHOT) presently has a 10 month price index of 0.60714. The price index is calculated by dividing the current share price by the share price ten months ago. A ratio over one indicates