What is Apple 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 (2024-09-17), Apple's Volatility is 23.69%.
Competitive Comparison of Apple's Volatility
For the Consumer Electronics subindustry, Apple'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.
Apple's Volatility Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Apple's Volatility distribution charts can be found below:
* The bar in red indicates where Apple's Volatility falls into.
Apple(NAS:AAPL) 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.
Apple(NAS:AAPL) 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.
Apple Volatility Related Terms
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Apple Business Description
Industry
GURUFOCUS.COM »STOCK LIST »Technology » Hardware » Apple Inc (NAS:AAPL) » Definitions » Volatility
Comparable Companies
VZIO SONO WTO HEAR GPRO UEIC KOSS FEBO VOXX VUZI XKRX:005930 TSE:6758 HKSE:01810 TSE:6752 XKRX:066570 SZSE:002241 BOM:540699 XKRX:003550 SHSE:603296 TSE:6753
Traded in Other Exchanges
AAPL:Ukraine AAPL:Peru AAPL:Mexico 1AAPL:Italy APCd:UK 0R2V:UK APC8:Germany APC:Germany APC:Germany APC:Germany APC:Germany AAPL:Chile AAPL:Canada AAPL34:Brazil APC:Bulgaria AAPL:Austria AAPL:Argentina
Address
One Apple Park Way, Cupertino, CA, USA, 95014
Apple is among the largest companies in the world, with a broad portfolio of hardware and software products targeted at consumers and businesses. Apple's iPhone makes up a majority of the firm sales, and Apple's other products like Mac, iPad, and Watch are designed around the iPhone as the focal point of an expansive software ecosystem. Apple has progressively worked to add new applications, like streaming video, subscription bundles, and augmented reality. The firm designs its own software and semiconductors while working with subcontractors like Foxconn and TSMC to build its products and chips. Slightly less than half of Apple's sales come directly through its flagship stores, with a majority of sales coming indirectly through partnerships and distribution.
Executives
Chris Kondo | officer: Principal Accounting Officer | 1 INFINITE LOOP, CUPERTINO CA 95014 |
Katherine L. Adams | officer: SVP, General Counsel | APPLE INC., 1 INFINITE LOOP, CUPERTINO CA 95014 |
Luca Maestri | officer: Senior Vice President, CFO | 1 INFINITE LOOP, CUPERTINO CA 95014 |
Jeffrey E Williams | officer: COO | ONE INFINITE LOOP, CUPERTINO CA 95014 |
Deirdre O'brien | officer: Senior Vice President | ONE APPLE PARK WAY, CUPERTINO CA 95014 |
Timothy D Cook | director, officer: Chief Executive Officer | C/O APPLE INC, ONE INFINITE LOOP, CUPERTINO CA 95014 |
Arthur D Levinson | director | C/O GENENTECH INC, 1 DNA WAY MS 49, SOUTH SAN FRANCISCO CA 94080-4990 |
Alex Gorsky | director | JOHNSON & JOHNSON, ONE JOHNSON & JOHNSON PLAZA, NEW BRUNSWICK NJ 08933 |
Monica C Lozano | director | |
Angela J Ahrendts | officer: Senior Vice President | 1 INFINITE LOOP, CUPERTINO CA 95014 |
Johny Srouji | officer: Senior Vice President | 1 INFINITE LOOP, CUPERTINO CA 95014 |
Craig Federighi | officer: Senior Vice President | 807 11TH AVENUE, SUNNYVALE CA 94089 |
Daniel J. Riccio | officer: Senior Vice President | 1 INFINITE LOOP, CUPERTINO CA 95014 |
Philip W Schiller | officer: Senior Vice President | C/O APPLE INC, ONE INFINITE LOOP, CUPERTINO CA 95014 |
Susan Wagner | director | C/O BLACKROCK, INC., 40 EAST 52ND STREET, NEW YORK NY 10022 |
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