GURUFOCUS.COM » STOCK LIST » Technology » Hardware » CPS Technologies Corp (NAS:CPSH) » Definitions » Volatility

CPS Technologies (CPS Technologies) Volatility : 27.54% (As of May. 12, 2024)


View and export this data going back to 1997. Start your Free Trial

What is CPS Technologies Volatility?

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.

As of today (2024-05-12), CPS Technologies's Volatility is 27.54%.


Competitive Comparison of CPS Technologies's Volatility

For the Electronic Components subindustry, CPS Technologies'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.


CPS Technologies's Volatility Distribution in the Hardware Industry

For the Hardware industry and Technology sector, CPS Technologies's Volatility distribution charts can be found below:

* The bar in red indicates where CPS Technologies's Volatility falls into.



CPS Technologies  (NAS:CPSH) 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.


CPS Technologies  (NAS:CPSH) 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.


CPS Technologies Volatility Related Terms

Thank you for viewing the detailed overview of CPS Technologies's Volatility provided by GuruFocus.com. Please click on the following links to see related term pages.


CPS Technologies (CPS Technologies) Business Description

Traded in Other Exchanges
N/A
Address
111 South Worcester Street, Norton, MA, USA, 02766-2102
CPS Technologies Corp provides material solutions to the transportation, automotive, energy, computing/Internet, telecommunications, aerospace, defense, and oil and gas end markets. Its primary material solution is metal matrix composites (MMCs), which are a class of materials consisting of a combination of metal and ceramic. The company designs, manufactures and sells custom MMC components, which manages the performance and reliability of systems in the end markets. It also provides baseplates and housings used in radar, satellite and avionics applications. The company provides lids and heat spreaders used with integrated circuits in Internet switches and routers.
Executives
Brian T Mackey officer: CEO 792 WEST STREET, C108, MANSFIELD MA 02048
Ralph M Norwood officer: Chief Financial Officer 111 SOUTH WORCESTER STREET, NORTON MA 02766
Peregrine Financial Corp 10 percent owner 222 ROSEWOOD DRIVE, SUITE 530, DANVERS MA 01923
Peregrine Trust Company, Llc 10 percent owner 222 ROSEWOOD DRIVE, SUITE 530, DANVERS MA 01923
Peregrine Holdings Llc 10 percent owner 222 ROSEWOOD DRIVE, SUITE 530, DANVERS MA 01923
Phoenix Venture Partners, Inc. 10 percent owner 222 ROSEWOOD DRIVE, SUITE 530, DANVERS MA 01923
Ard Master Lp 10 percent owner
Grant C Bennett director, 10 percent owner, officer: President & CEO
Griffith Charles Kellogg Jr officer: Chief Financial Officer 111 SOUTH WORCESTER STREET, NORTON MA 02766
Daniel C Snow director 5 LODGE RD., BELMONT MA 02478
Thomas M Culligan director 3000 TAFT STREET, HOLLYWOOD FL 33021
Michael E Mccormack officer: Chief Operating Officer 111 SOUTH WORCESTER STREET, NORTON MA 02766
Thomas E Breen officer: SVP, Sales & Marketing 111 SOUTH WORCESTER STREET, NORTON MA 02766
Richard W Adams officer: Senior Vice-President & CTO 111 S. WORCESTER ST., NORTON MA 02766
Charles Darosa officer: Vice-President, Operations 111 S. WORCESTER STREET, NORTON MA 02766

CPS Technologies (CPS Technologies) Headlines