Volatility is a statistical measure of the dispersion of returns for a given security or market index, it shows how the price swings around its mean. The volatility here is measured as the annualized standard deviation between monthly returns from the security over the past year. In most cases, the higher the volatility, the riskier the security.
PartnerTech AB does not have enough data to calculate Volatility.
Competitive Comparison of PartnerTech AB's Volatility
For the Electronic Components subindustry, PartnerTech AB's Volatility, along with its competitors' market caps and Volatility data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
PartnerTech AB's Volatility Distribution in the Hardware Industry
For the Hardware industry and Technology sector, PartnerTech AB's Volatility distribution charts can be found below:
* The bar in red indicates where PartnerTech AB's Volatility falls into.
PartnerTech AB (LTS:0GUE) Volatility Calculation
The annualized volatility is calculated as following:
σA
=
σM
*
√12
=
√ 1/(n-1) ∑(Ri - R')^2
*
√12
Where: σM is the monthly volatility, n is the number of months in the period, Ri is the security's historical monthly returns and R' is the arithmetic mean of monthly returns.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
PartnerTech AB (LTS:0GUE) Volatility Explanation
Volatility is a statistical measure of the dispersion of returns for a given security or market index. It’s often measured as standard deviation or variance of historical returns over a certain period. The volatility here is measured as the annualized standard deviation between monthly returns from the security over the past year.
Volatility reflects the uncertainty or risk of a security’s value. Generally speaking, a higher volatility suggests a higher risk, because it implies a wider fluctuation around average price. This means the price of the security can change dramatically in either direction within a short period. Conversely, a lower volatility means that the security's price is more steady, which suggests a lower risk.
Another measurement of relative volatility is Beta. Beta is a measure of systematic risk of a security or a portfolio in comparison to the market as a whole. Beta is usually compared to 1. A beta of greater than 1 indicates that the security's price will be more volatile than the market.
PartnerTech AB Volatility Related Terms
Thank you for viewing the detailed overview of PartnerTech AB's Volatility provided by GuruFocus.com. Please click on the following links to see related term pages.
PartnerTech AB develops and manufactures products on behalf of businesses in the areas of Defense and Maritime, Industry, Information Technology, MedTech & Instrumentation, CleanTech, and Point of Sale Applications. The Group provides production expertise, which requires management of the entire product life cycle, along with skills in electronics, mechanics, and systems integration. PartnerTech operates in Sweden, Norway, Finland, Poland, the UK, the US, and China. The Group is headquartered in Malmo, Sweden. The many divisions offer similar services including prototype and module design, new product introduction and/or the manufacture of a product, module printed circuit board or mechanical features, integrated assignments starting with a development project, low cost manufacturing, and warehousing, logistics, or spare parts maintenance. The Defense and Maritime division manufactures primary components, as well as products for use by the oil industry. The Industry division involves manufacturing components and products for operator terminals, power & range control units, and similar segments. The Information Technology division offers products such as security cameras, broadband routers, videoconferencing systems, and base station antennas for the technology-driven market. The MedTech Division offers products including blood analysis equipment, allergy testing instruments, and printed circuit boards for various types of medical instruments. The CleanTech division includes both components and complete systems, offering products such as recycling and reverse vending machines, heat pump systems, and weather station equipment. Lastly, the Point of Sales division offers expertise on cash handling systems, card readers for payment, and other similar products.
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