Apple Inc Volatility
What is the Volatility of Apple Inc?
The Volatility of Apple Inc is 2.32%
What is the definition of Volatility?
Volatility or average true range percent (ATRP 14) is the ATR expressed as a percentage of closing price.
14-day average true range percent
Average true range percent (ATRP) measures volatility on a relative level. This is opposed to the ATR, which measures volatility on an absolute level. ATRP allows securities to be compared whereas ATR does not. That means lower-priced stocks won't necessarily have lower ATR values than higher-priced stocks.
The period used in the calculation is 14 days and the normalized indicator oscillates between 0 and 100 percent of recent price variation. Importantly, the indicator doesn't predict the direction of price but it describes the current volatility. The volatility is comparable across all securities and all markets.
Volatility expresses the degree of price movement. The use of ATRP as volatility compared to ATR is preferred in cases when different securities or different time periods are compared. Examples are stock screening, filtering strategies, and studying seasonality and volatility patterns over long periods of time and different markets
Volatility of companies in the Consumer Discretionary sector on NASDAQ compared to Apple Inc
What does Apple Inc do?
Apple Inc. is an American multinational technology company headquartered in Cupertino, California. Apple is the worlds largest technology company by revenue, with US$394.3 billion in 2022 revenue. As of March 2023, Apple is the worlds biggest company by market capitalization.
Companies with volatility similar to Apple Inc
- Biffa Plc has Volatility of 2.31%
- Epizyme Inc has Volatility of 2.31%
- SI UCITS ETF - UC Thomson Reuters Balanced European Convertible Bond UCITS ETF has Volatility of 2.31%
- Xtrackers - MSCI Thailand UCITS ETF has Volatility of 2.31%
- Page Industries has Volatility of 2.31%
- JDE Peet's N.V has Volatility of 2.31%
- Apple Inc has Volatility of 2.32%
- Wendy`s Co has Volatility of 2.33%
- Sonoco Products Co has Volatility of 2.33%
- ArcelorMittal SA has Volatility of 2.33%
- Chipmos Technologies Inc has Volatility of 2.33%
- GT Gold has Volatility of 2.33%
- Tyson Foods has Volatility of 2.33%