Guided Therapeutics Volatility
What is the Volatility of Guided Therapeutics?
The Volatility of Guided Therapeutics, Inc. is 8.75%
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 Health Care sector on OTC compared to Guided Therapeutics
What does Guided Therapeutics do?
Guided Therapeutics, Inc., a medical technology company, focuses on developing medical devices. It focuses on the commercialization of LuViva, a non-invasive cervical cancer detection device that identifies cervical cancers and precancers painlessly, non-invasively, and at the point-of-care by scanning the cervix with light, then analyzing the light reflected and fluorescent light. The company was formerly known as SpectRx, Inc. and changed its name to Guided Therapeutics, Inc. in February 2008. Guided Therapeutics, Inc. was incorporated in 1992 and is based in Norcross, Georgia.
Companies with volatility similar to Guided Therapeutics
- International Stem Cell has Volatility of 8.74%
- Quadro Resources has Volatility of 8.74%
- Hennessy Capital Acquisition III has Volatility of 8.74%
- Avanti has Volatility of 8.74%
- Wrap Technologies has Volatility of 8.74%
- Amesite has Volatility of 8.74%
- Guided Therapeutics has Volatility of 8.75%
- Pulse Biosciences Inc has Volatility of 8.76%
- Aehr Test Systems has Volatility of 8.76%
- Conquest Resources has Volatility of 8.76%
- One Stop Systems Inc has Volatility of 8.76%
- Ocuphire Pharma has Volatility of 8.76%
- Shivam Autotech has Volatility of 8.76%