GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » American Future Fuel Corp (OTCPK:AFFCF) » Definitions » Volatility

American Future Fuel (American Future Fuel) Volatility : 79.08% (As of May. 17, 2024)


View and export this data going back to 2005. Start your Free Trial

What is American Future Fuel Volatility?

Volatility is a statistical measure of the dispersion of returns for a given security or market index, it shows how the price swings around its mean. The volatility here is measured as the annualized standard deviation between monthly returns from the security over the past year. In most cases, the higher the volatility, the riskier the security.

As of today (2024-05-17), American Future Fuel's Volatility is 79.08%.


Competitive Comparison of American Future Fuel's Volatility

For the Other Industrial Metals & Mining subindustry, American Future Fuel's Volatility, along with its competitors' market caps and Volatility data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


American Future Fuel's Volatility Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, American Future Fuel's Volatility distribution charts can be found below:

* The bar in red indicates where American Future Fuel's Volatility falls into.



American Future Fuel  (OTCPK:AFFCF) Volatility Calculation

The annualized volatility is calculated as following:

σA=σM * 12
= 1/(n-1) ∑(Ri - R')^2 * 12

Where: σM is the monthly volatility, n is the number of months in the period, Ri is the security's historical monthly returns and R' is the arithmetic mean of monthly returns.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


American Future Fuel  (OTCPK:AFFCF) Volatility Explanation

Volatility is a statistical measure of the dispersion of returns for a given security or market index. It’s often measured as standard deviation or variance of historical returns over a certain period. The volatility here is measured as the annualized standard deviation between monthly returns from the security over the past year.

Volatility reflects the uncertainty or risk of a security’s value. Generally speaking, a higher volatility suggests a higher risk, because it implies a wider fluctuation around average price. This means the price of the security can change dramatically in either direction within a short period. Conversely, a lower volatility means that the security's price is more steady, which suggests a lower risk.

Another measurement of relative volatility is Beta. Beta is a measure of systematic risk of a security or a portfolio in comparison to the market as a whole. Beta is usually compared to 1. A beta of greater than 1 indicates that the security's price will be more volatile than the market.


American Future Fuel Volatility Related Terms

Thank you for viewing the detailed overview of American Future Fuel's Volatility provided by GuruFocus.com. Please click on the following links to see related term pages.


American Future Fuel (American Future Fuel) Business Description

Traded in Other Exchanges
Address
1199 West Hastings Street, Suite 800, Vancouver, BC, CAN, V6E 3T5
American Future Fuel Corp is a Canada based company. The Company's business is to acquire, explore, and develop interests in mining projects. The Company has one operating segment, mineral exploration and development.