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.
Competitive Comparison of congatec Holding AG's Volatility
For the Semiconductors subindustry, congatec Holding AG'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.
congatec Holding AG's Volatility Distribution in the Semiconductors Industry
For the Semiconductors industry and Technology sector, congatec Holding AG's Volatility distribution charts can be found below:
* The bar in red indicates where congatec Holding AG's Volatility falls into.
congatec Holding AG (NAS:CONG) 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.
congatec Holding AG (NAS:CONG) 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.
congatec Holding AG Volatility Related Terms
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congatec Holding AG (congatec Holding AG) Business Description
congatec Holding AG was formed on June 30, 2015 and registered in the commercial register of the local court of Munich. The Company supplies industrial computer modules. The Company through its subsidiaries is engaged in the design, development and delivery of high-performance embedded computing solutions that enable computing capabilities across system-level applications and end markets, including industrial automation, medical, entertainment, transportation and test and measurement. The Company's hardware solutions are overlaid with Basic Input Output System, or BIOS, software that tailors its solutions to specific end-market, application and customer requirements, while delivering benefits such as enhanced data throughput and system security as well as seamless integration within its customers' products. The Company provides COM portfolios across a range of form factors, or module sizes and shapes, including its COM Express, Qseven, XTX and ETX product families. The Company distinguishes its recently launched industrial single board computer, or Industrial SBC, product family as well as embedded design and manufacturing, or EDM, services, which provide customers with customized module solutions. The Company offers services ranging from procurement assistance to process management and support integrating modules into their end products. The Company operates in three geographical areas including Europe, the Middle East and Africa (EMEA); the Asia-Pacific region (APAC); and Americas. The Company sells its products through different channels, accompanied by necessary technical support resources provided from the nearest location. In the EMEA region, it relies on a mix of direct and indirect sales channels. In the Americas region, it focuses on direct business through employed sales and support staff, while in the APAC region it is engaged in distribution, reselling and end customers. In addition, it is engaged with external sales representatives dedicated to additional territories in Europe, Brazil and India. The Company has approximately over 400 customers in a variety of industries, including its industrial customers such as Bernecker + Rainer, or B&R, Bosch and Siemens, as well as its medical customers such as General Electric and Samsung. The Company faces competition from third-party competitors, including ADLink, Advantech, Kontron, MSC Technologies, Portwell, SECO and Technexion. The Company's operations and the activities around the world are subject to the laws and regulations of numerous countries, including the United States.
congatec Holding AG (congatec Holding AG) Headlines
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