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.
Steel Exchange India (BOM:534748) 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.
Steel Exchange India Volatility Related Terms
BOM:534748 vs NUE, STLD, RS: Volatility Comparison
For the Steel subindustry, Steel Exchange India'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.
Steel Exchange India Volatility vs Steel Industry
For the Steel industry and Basic Materials sector, Steel Exchange India's Volatility distribution charts can be found below:
* The bar in red indicates where Steel Exchange India's Volatility falls into.
Steel Exchange India (BOM:534748) 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.
Steel Exchange India (BOM:534748) has a Volatility of 63.78% as of Jun. 28, 2026. Volatility is measured as the annualized standard deviation between monthly returns from the security over the past year. View historical data on Steel Exchange India and its competitors.
Is Steel Exchange India's Volatility too high?
Steel Exchange India's current Volatility is 63.78%. Overall, Steel Exchange India has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Steel Exchange India's Volatility compare to NUE and STLD?
Steel Exchange India's Volatility of 63.78% can be compared against companies in the Steel 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 Steel company?
A good Volatility depends on the Steel 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 Steel Exchange India and its competitors. Steel Exchange India's current Volatility is 63.78%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Steel Exchange India stock overvalued right now?
Based on GuruFocus' analysis, Steel Exchange India (BOM:534748) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹8.36, compared to a current price of ₹12.40 — trading 48.3% above its estimated fair value. The current Volatility is 63.78%. Steel Exchange India's overall GF Score™ is 60/100 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 Steel Exchange India (BOM:534748), the current Volatility is 63.78% as of Jun. 28, 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 Steel Exchange India (BOM:534748) Overvalued in 2026?
Based on GuruFocus' analysis, Steel Exchange India stock appears to be overvalued.
The current stock price of ₹12.40 is trading 48.3% above its estimated GF Value™ of ₹8.36.
GuruFocus considers Steel Exchange India to be Significantly Overvalued.
Key valuation signals for BOM:534748:
Volatility: 63.78%
GF Value™: ₹8.36 vs. price of ₹12.40 (48.3% above fair value)
No single metric tells the full story. See the BOM:534748 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Steel Exchange India Ltd is engaged in the business of manufacturing and marketing iron and steel products. The company operates in the Iron and Steel and Power segment. The division also deals with the products manufactured by the company, namely TMT bars, Sponge Iron, and Steel billet, and is marketed in some of the coastal regions. The company generates the majority of its revenue from the Iron and steel segment.
60GF Score
Get the complete analysis for BOM:534748
Volatility is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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