Volatility & Risk
When it comes to stock volatility, SkyWater Technology exhibits a significant degree of fluctuation, with a beta value of 3.94. This implies that its stock price is 294% more volatile compared to the S&P 500. In simpler terms, if the market goes up or down, SkyWater’s stock is likely to increase or decrease almost three times as much. On the other hand, United Microelectronics shows more stability, with a beta of 1.18, indicating just an 18% higher volatility than the market. For an average investor, this means SkyWater presents potentially higher rewards but also higher risks compared to United Microelectronics.
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