North Mining Shares Co (HKSE:00433) Volatility: 78.40% (As of Jun. 27, 2026)


What is North Mining Shares Co Volatility?

North Mining Shares Co HKSE:00433 Volatility is 78.40% as of Jun. 27, 2026. The stock has 2 warning signs investors should review.

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 (2026-06-27), North Mining Shares Co's Volatility is 78.40%.

North Mining Shares Co  (HKSE:00433) 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.

North Mining Shares Co Volatility Related Terms

HKSE:00433 vs DOW: Volatility Comparison

For the Chemicals subindustry, North Mining Shares Co'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.

North Mining Shares Co Volatility vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, North Mining Shares Co's Volatility distribution charts can be found below:

* The bar in red indicates where North Mining Shares Co's Volatility falls into.


North Mining Shares Co  (HKSE:00433) 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.

Frequently Asked Questions Learn more about Volatility →
What does a Volatility of 78.40% mean?
North Mining Shares Co (HKSE:00433) has a Volatility of 78.40% as of Jun. 27, 2026. Volatility is measured as the annualized standard deviation between monthly returns from the security over the past year. View historical data on North Mining Shares Co and its competitors.
Is North Mining Shares Co's Volatility too high?
North Mining Shares Co's current Volatility is 78.40%.
How does North Mining Shares Co's Volatility compare to DOW?
North Mining Shares Co's Volatility of 78.40% can be compared against companies in the Chemicals 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 Chemicals company?
A good Volatility depends on the Chemicals 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 North Mining Shares Co and its competitors. North Mining Shares Co's current Volatility is 78.40%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is North Mining Shares Co stock overvalued right now?
Based on GuruFocus' analysis, North Mining Shares Co (HKSE:00433) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.02, compared to a current price of HK$0.07 — trading 235% above its estimated fair value. The current Volatility is 78.40%. 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 North Mining Shares Co (HKSE:00433), the current Volatility is 78.40% as of Jun. 27, 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.

North Mining Shares Co Business Description

Address 6 Tonnochy Road, Room 2004-05, 20th Floor, Kwan Chart Tower, Wan Chai, Hong Kong, HKG
North Mining Shares Co Ltd is an investment holding company. The principal activities of the company and its subsidiaries are mining operations - exploitation, exploration, and discontinued operations: manufacture of mineral resources, sales of chemical products and sales of aluminium plates. Its reportable operating segments are: i) The Mining operation: Exploration of mineral mines and Exploitation of molybdenum mines, ii) Chemical trading operation: Manufacturing and sale of chemical products. iii) Aluminium metal trading operation: Sale of aluminium plate products. Geographically, it generates the majority of its revenue from the PRC.