Symbotic is a holding company. Through its subsidiary, Co. is an automation technology company which is engaged in the design and installation of modular inventory management systems (Systems). Co. designs, assembles, and installs modular hardware systems and performs configuration of embedded software. Systems include the delivery of hardware and an embedded software component that automate Co.'s customers' depalletizing, storage, selection, and palletization warehousing processes. Co.'s software maintenance and support provide its customers with technical support, updates, and upgrades to the embedded software license. The SYM average annual return since 2021 is shown above.
The Average Annual Return on the SYM average annual return since 2021 page and across the coverage universe of our site,
is a measure of the annualized return over the past ten years (or specified start date) for a given investment
(up to the end of prior trading session recorded). Arguably, choosing ten years for a measurement
period is on the one hand completely arbitrary, but on the other hand provides a sufficiently long window
to capture long-term trends.
Thus, researching Average Annual Returns is good practice for investors — whether SYM average annual return since 2021 or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's annualized return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the SYM average annual return calculation with any dividends reinvested as applicable (on ex-dates).
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