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Stock impact report

Before You Buy Ultra Clean Holdings, Inc. (NASDAQ:UCTT), Consider Its Volatility [Yahoo! Finance News]

Ultra Clean Holdings, Inc. (UCTT) 
Last ultra clean holdings, inc. earnings: 4/29 04:05 pm Check Earnings Report
Anyone researching Ultra Clean Holdings, Inc. NASDAQ:UCTT Some stocks see their prices move in concert with the market. Others tend towards stronger, gentler or unrelated price movements. Beta is a widely used metric to measure a stock's exposure to market risk volatility). Before we go on, it's worth noting that Warren Buffett pointed out in his 2014 letter to shareholders that 'volatility is far from synonymous with risk.' Having said that, beta can still be rather useful. The first thing to understand about beta is that the beta of the overall market is one. A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market. In comparison a stock with a beta of over one tends to be move in a similar direction to the market in the long term, but with greater changes in price. Check out our latest analysis for Ultra Clean Holdings What we can learn from UCTT's beta value Looking at the last five years, Ultra Clean Holdi Show less Read more
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