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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.
Norrhydro Group Oyj (OHEL:NORRH) 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.
Norrhydro Group Oyj Volatility Related Terms
OHEL:NORRH vs GEV, ETN, PH: Volatility Comparison
For the Specialty Industrial Machinery subindustry, Norrhydro Group Oyj'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.
Norrhydro Group Oyj Volatility vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Norrhydro Group Oyj's Volatility distribution charts can be found below:
* The bar in red indicates where Norrhydro Group Oyj's Volatility falls into.
Norrhydro Group Oyj (OHEL:NORRH) 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.
Norrhydro Group Oyj (OHEL:NORRH) has a Volatility of 26.20% as of Jul. 21, 2026. Volatility is measured as the annualized standard deviation between monthly returns from the security over the past year. View historical data on Norrhydro Group Oyj and its competitors.
Is Norrhydro Group Oyj's Volatility too high?
Norrhydro Group Oyj's current Volatility is 26.20%. Overall, Norrhydro Group Oyj has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Norrhydro Group Oyj's Volatility compare to GEV and ETN?
Norrhydro Group Oyj's Volatility of 26.20% can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Volatility depends on the Industrial Products 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 Norrhydro Group Oyj and its competitors. Norrhydro Group Oyj's current Volatility is 26.20%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Norrhydro Group Oyj stock overvalued right now?
Based on GuruFocus' analysis, Norrhydro Group Oyj (OHEL:NORRH) is currently considered Modestly Undervalued. The stock's GF Value™ is €1.45, compared to a current price of €1.15 — trading 20.7% below its estimated fair value. The current Volatility is 26.20%. Norrhydro Group Oyj's overall GF Score™ is 80/100 with 5 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 Norrhydro Group Oyj (OHEL:NORRH), the current Volatility is 26.20% as of Jul. 21, 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 Norrhydro Group Oyj (OHEL:NORRH) Overvalued in 2026?
Based on GuruFocus' analysis, Norrhydro Group Oyj stock appears to be undervalued.
The current stock price of €1.15 is trading 20.7% below its estimated GF Value™ of €1.45.
GuruFocus considers Norrhydro Group Oyj to be Modestly Undervalued.
Key valuation signals for OHEL:NORRH:
Volatility: 26.20%
GF Value™: €1.45 vs. price of €1.15 (20.7% below fair value)
No single metric tells the full story. See the OHEL:NORRH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Norrhydro Group Oyj is a provider of hydraulic cylinders in the Nordic countries. The company develops and manufactures hydraulic solutions for the needs of the forestry, material handling, mining, civil engineering, marine industries Lifting and recycling and others. Geographically it can be segmented as Domestic sales and Intra-community sales.
80GF Score
Get the complete analysis for OHEL:NORRH
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