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Realized Volatility (30d Annualized) for Ciena Corp

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CIEN: Ciena Corp

Ciena Corporation, a network technology company, provides hardware, software, and services for various network operators in the Americas, Europe, the Middle East, Africa, the Asia Pacific, Japan, and ...

61.56 USD
Price
USD
Fair Value
Upside
43.30 - 101.44
52-week range

Analysis

Fiscal Years
Trailing Twelve Months
Fiscal Halfs
Fiscal Quarters
Daily
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The following section summarizes insights on Ciena Corp's Realized Volatility (30d Annualized):

CIENIT.USEXTRANETRBBNHLITCMBM50.0%100.0%150.0%

Performance Summary
  • Ciena's realized volatility (30d annualized) is 62.9%

How does Ciena Corp's Realized Volatility (30d Annualized) benchmark against competitors?

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We've identified the following companies as similar to Ciena Corp because they operate in a related industry or sector. We also considered size, growth, and various financial metrics to narrow down the list to the ones listed below.

Metric Usage: Realized Volatility (30d Annualized)

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Similar Metrics

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Metrics similar to Realized Volatility (30d Annualized) in the risk category include:

  • Beta (5 Year) - A ratio that measures the risk or volatility of a company's share price in comparison to the market as a whole. A beta of 1.0 means that the company rises and falls in direct relationship to the movement of the benchmark index. A beta that is less than 1 indicates a stock that is less volatile than the overall market and a beta greater than 1 indicates that the stock is more volatile.
  • EBITDA less CapEx Interest Coverage Ratio - A ratio used to assess a firm's ability to pay interest expenses based on EBITDA less Capital Expenditures.
  • Altman Z-Score - A formula used to predict the probability that a firm will go into bankruptcy within two years.
  • Interest Coverage Ratio - A ratio used to assess a firm's ability to pay interest expenses based on operating profits (EBIT).
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Realized Volatility (30d Annualized)

Realized volatility (also known as rolling volatility) over the last 30 days.

Definition of Realized Volatility (30d Annualized)

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Realized volatility (also known as rolling volatility) over the last 30 days.

Sector Benchmark Analysis

Sector
Industry Group
Industry
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14.2%214.2%414.2%735.9%100300500

The chart above depicts the distribution of realized volatility (30d annualized) for companies operating in the Information Technology sector in the Developed economic region. Over 2,750 companies were considered in this analysis, and 2,644 had meaningful values. The average realized volatility (30d annualized) of companies in the sector is 81.5% with a standard deviation of 92.4%.

Ciena Corp's Realized Volatility (30d Annualized) of 62.9% ranks in the 60.9% percentile for the sector. The following table provides additional summary stats:

Realized Volatility (30d Annualized) In The Information Technology Sector
Economic Risk RegionDeveloped
Total Constituents2,754
Included Constituents2,644
Min10.1%
Max722.8%
Median50.1%
Mean81.5%
Standard Deviation92.4%

You can find companies with similar realized volatility (30d annualized) using this stock screener.

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