GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Infinity Lithium Corp Ltd (FRA:3PM) » Definitions » Volatility

Infinity Lithium (FRA:3PM) Volatility : 80.37% (As of Dec. 15, 2024)


View and export this data going back to 2018. Start your Free Trial

What is Infinity Lithium 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 (2024-12-15), Infinity Lithium's Volatility is 80.37%.


Competitive Comparison of Infinity Lithium's Volatility

For the Other Industrial Metals & Mining subindustry, Infinity Lithium'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.


Infinity Lithium's Volatility Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Infinity Lithium's Volatility falls into.



Infinity Lithium  (FRA:3PM) 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.


Infinity Lithium  (FRA:3PM) 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.


Infinity Lithium Volatility Related Terms

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


Infinity Lithium Business Description

Traded in Other Exchanges
Address
22 Railway Road, Units 32/33, Level 3, Subiaco, Perth, WA, AUS, 6008
Infinity Lithium Corp Ltd is a mineral development company. Its San Jose Lithium Project is located in the western Spanish region of Extremadura and is in proximity to the town of Caceres. The San Jose Project will be developed by open-pit methods with the ore treated and refined onsite to produce high-quality, battery-grade lithium carbonate.

Infinity Lithium Headlines

No Headlines