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SIR Royalty Income Fund drops on high volatility post dividend March 06, 2017 17:00 EST

Mar 6, 2017 - News Bites Canadian Markets


SIR Royalty Income Fund (TSX:SRV.UN), Canada's 8th largest Restaurants company by market cap, traded between an intraday low of CAD14.80 and a high of CAD14.89. The average daily volatility of 1.0% places the unit in the 4th quartile in the market, meaning it is the least volatile. Today its volatility (highest price minus lowest price/lowest price) of 0.6% was 0.6 times the average daily volatility of 1.0%, up from 0.4% on Friday and 0.5% on Thursday. The unit

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