期刊名称：International Journal of Research in Management, Science & Technology
印刷版ISSN：2321-3264
出版年度：2016
卷号：4
期号：1
出版社：Prannath Parnami Institute of Management & Technology, Hisar
摘要：Volatility is the statistical measure used in measuring the risk on single asset or portfolio or index. The investment decision whether from the corporate or common individual investors or domestic institutional investors or foreign institutional investors interested in the study of the return and volatility of the stock market. The stock market volatility and liquidity are significant in investment strategy for risk management, price discovery, hedging of systematic risk, optimal portfolio selection in domestic market and foreign stock markets and monetary policy formulation. Volatility measures variability or dispersion about a central tendency, specifically it is a measure of how the current price or return of an asset deviates from its average past prices. Greater the deviation, greater is the volatility. As volatility can be expressed in different ways, statistically, volatility of a random variable is its standard deviation. The stock market return volatility measures the random variability of index returns in time
