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.
B3 - Brasil Bolsa Balcao (BSP:B3SA3) 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.
B3 - Brasil Bolsa Balcao Volatility Related Terms
BSP:B3SA3 vs SPGI, CME, ICE: Volatility Comparison
For the Financial Data & Stock Exchanges subindustry, B3 - Brasil Bolsa Balcao'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.
B3 - Brasil Bolsa Balcao Volatility vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, B3 - Brasil Bolsa Balcao's Volatility distribution charts can be found below:
* The bar in red indicates where B3 - Brasil Bolsa Balcao's Volatility falls into.
B3 - Brasil Bolsa Balcao (BSP:B3SA3) 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.
B3 - Brasil Bolsa Balcao (BSP:B3SA3) has a Volatility of 35.47% as of Jun. 26, 2026. Volatility is measured as the annualized standard deviation between monthly returns from the security over the past year. View historical data on B3 - Brasil Bolsa Balcao and its competitors.
Is B3 - Brasil Bolsa Balcao's Volatility too high?
B3 - Brasil Bolsa Balcao's current Volatility is 35.47%. Overall, B3 - Brasil Bolsa Balcao has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does B3 - Brasil Bolsa Balcao's Volatility compare to SPGI and CME?
B3 - Brasil Bolsa Balcao's Volatility of 35.47% can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Volatility depends on the Capital Markets 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 B3 - Brasil Bolsa Balcao and its competitors. B3 - Brasil Bolsa Balcao's current Volatility is 35.47%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is B3 - Brasil Bolsa Balcao stock overvalued right now?
Based on GuruFocus' analysis, B3 - Brasil Bolsa Balcao (BSP:B3SA3) is currently considered Modestly Undervalued. The stock's GF Value™ is R$16.41, compared to a current price of R$14.61 — trading 11% below its estimated fair value. The current Volatility is 35.47%. B3 - Brasil Bolsa Balcao's overall GF Score™ is 88/100 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 B3 - Brasil Bolsa Balcao (BSP:B3SA3), the current Volatility is 35.47% as of Jun. 26, 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 B3 - Brasil Bolsa Balcao (BSP:B3SA3) Overvalued in 2026?
Based on GuruFocus' analysis, B3 - Brasil Bolsa Balcao stock appears to be undervalued.
The current stock price of R$14.61 is trading 11% below its estimated GF Value™ of R$16.41.
GuruFocus considers B3 - Brasil Bolsa Balcao to be Modestly Undervalued.
Key valuation signals for BSP:B3SA3:
Volatility: 35.47%
GF Value™: R$16.41 vs. price of R$14.61 (11% below fair value)
No single metric tells the full story. See the BSP:B3SA3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
B3 SA - Brasil Bolsa Balcao is a financial market exchange. Its services consist of trading, clearing, and other post-trade services. The company's activities are carried out through its trading systems and clearinghouses and include transactions with securities, interbank foreign exchange, and securities under custody in the special system for settlement and custody. The company's segment involves: Markets, Data Analytics Solutions (Trillia), Capital Market Solutions and Technology & Platforms . It derives maximum revenue from the Technology & Platforms Segment.
88GF Score
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