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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.
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.
Kanani Industries Volatility Related Terms
BOM:506184 vs TPR: Volatility Comparison
For the Luxury Goods subindustry, Kanani Industries'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.
Kanani Industries Volatility vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Kanani Industries's Volatility distribution charts can be found below:
* The bar in red indicates where Kanani Industries's Volatility falls into.
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.
Kanani Industries (BOM:506184) has a Volatility of 62.91% as of Sep. 09, 2026. Volatility is measured as the annualized standard deviation between monthly returns from the security over the past year. View historical data on Kanani Industries and its competitors.
Is Kanani Industries' Volatility too high?
Kanani Industries' current Volatility is 62.91%. Overall, Kanani Industries has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kanani Industries' Volatility compare to TPR?
Kanani Industries' Volatility of 62.91% can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Volatility depends on the Retail - Cyclical 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 Kanani Industries and its competitors. Kanani Industries's current Volatility is 62.91%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kanani Industries stock overvalued right now?
Based on GuruFocus' analysis, Kanani Industries (BOM:506184) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1.97, compared to a current price of ₹1.52 — trading 22.8% below its estimated fair value. The current Volatility is 62.91%. Kanani Industries' overall GF Score™ is 66/100 with 7 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 Kanani Industries (BOM:506184), the current Volatility is 62.91% as of Sep. 09, 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 Kanani Industries (BOM:506184) Overvalued in 2026?
Based on GuruFocus' analysis, Kanani Industries stock appears to be undervalued.
The current stock price of ₹1.52 is trading 22.8% below its estimated GF Value™ of ₹1.97.
GuruFocus considers Kanani Industries to be Modestly Undervalued.
Key valuation signals for BOM:506184:
Volatility: 62.91%
GF Value™: ₹1.97 vs. price of ₹1.52 (22.8% below fair value)
No single metric tells the full story. See the BOM:506184 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kanani Industries Ltd is engaged in the manufacture and export of diamond-studded jewelry. The company operates a manufacturing plant in Surat, Gujarat, and supplies products to domestic and international markets. Kanani Industries focuses on creating high-quality, intricately crafted jewelry pieces and has a subsidiary, KIL International Ltd, to support its operations. The company aims to maintain an integrated value chain from manufacturing to retail, emphasizing craftsmanship and customer satisfaction. Revenue is generated through sales of diamond-studded jewelry products.
66GF Score
Get the complete analysis for BOM:506184
Volatility is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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