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.
Thai Metal Drum Manufacturing PCL (BKK:TMD) 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.
Thai Metal Drum Manufacturing PCL Volatility Related Terms
BKK:TMD vs SW, PKG, IP: Volatility Comparison
For the Packaging & Containers subindustry, Thai Metal Drum Manufacturing PCL'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.
Thai Metal Drum Manufacturing PCL Volatility vs Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, Thai Metal Drum Manufacturing PCL's Volatility distribution charts can be found below:
* The bar in red indicates where Thai Metal Drum Manufacturing PCL's Volatility falls into.
Thai Metal Drum Manufacturing PCL (BKK:TMD) 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.
Thai Metal Drum Manufacturing PCL (BKK:TMD) has a Volatility of 4.65% as of Jul. 13, 2026. Volatility is measured as the annualized standard deviation between monthly returns from the security over the past year. View historical data on Thai Metal Drum Manufacturing PCL and its competitors.
Is Thai Metal Drum Manufacturing PCL's Volatility too high?
Thai Metal Drum Manufacturing PCL's current Volatility is 4.65%. Overall, Thai Metal Drum Manufacturing PCL has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thai Metal Drum Manufacturing PCL's Volatility compare to SW and PKG?
Thai Metal Drum Manufacturing PCL's Volatility of 4.65% can be compared against companies in the Packaging & Containers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Volatility for a Packaging & Containers company?
A good Volatility depends on the Packaging & Containers industry context. However, Volatility should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Volatility mean?
A high Volatility can signal that a stock is expensive relative to its fundamentals. Volatility is measured as the annualized standard deviation between monthly returns from the security over the past year. View historical data on Thai Metal Drum Manufacturing PCL and its competitors. Thai Metal Drum Manufacturing PCL's current Volatility is 4.65%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Metal Drum Manufacturing PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai Metal Drum Manufacturing PCL (BKK:TMD) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿22.92, compared to a current price of ฿26.50 — trading 15.6% above its estimated fair value. The current Volatility is 4.65%. Thai Metal Drum Manufacturing PCL's overall GF Score™ is 79/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Volatility calculated?
Volatility is calculated from a company's financial statements. For Thai Metal Drum Manufacturing PCL (BKK:TMD), the current Volatility is 4.65% as of Jul. 13, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Thai Metal Drum Manufacturing PCL (BKK:TMD) Overvalued in 2026?
Based on GuruFocus' analysis, Thai Metal Drum Manufacturing PCL stock appears to be overvalued.
The current stock price of ฿26.50 is trading 15.6% above its estimated GF Value™ of ฿22.92.
GuruFocus considers Thai Metal Drum Manufacturing PCL to be Modestly Overvalued.
Key valuation signals for BKK:TMD:
Volatility: 4.65%
GF Value™: ฿22.92 vs. price of ฿26.50 (15.6% above fair value)
No single metric tells the full story. See the BKK:TMD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thai Metal Drum Manufacturing PCL Business Description
Thai Metal Drum Manufacturing PCL is a Thailand-based metal drum manufacturing company. The firm is mainly engaged in the manufacturing and distribution of steel drums, plastic products, and the provision of office buildings for rent. Its products include Steel drums, tight-head drums, and open-head drums. The business operating segment includes the Production and Sales of Metal drums, the Production and Sales of Plastic Products, Rental and service income, and Others. The majority of its revenue is generated from the Production and Sales of Metal drums and geographically from Thailand.
79GF Score
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