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.
Shandong Gold Mining Co (SHSE:600547) 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.
Shandong Gold Mining Co Volatility Related Terms
SHSE:600547 vs NEM, AU, RGLD: Volatility Comparison
For the Gold subindustry, Shandong Gold Mining 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.
Shandong Gold Mining Co Volatility vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Shandong Gold Mining Co's Volatility distribution charts can be found below:
* The bar in red indicates where Shandong Gold Mining Co's Volatility falls into.
Shandong Gold Mining Co (SHSE:600547) 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.
Shandong Gold Mining Co (SHSE:600547) has a Volatility of 62.58% as of Jul. 02, 2026. Volatility is measured as the annualized standard deviation between monthly returns from the security over the past year. View historical data on Shandong Gold Mining Co and its competitors.
Is Shandong Gold Mining Co's Volatility too high?
Shandong Gold Mining Co's current Volatility is 62.58%. Overall, Shandong Gold Mining Co has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Shandong Gold Mining Co's Volatility compare to NEM and AU?
Shandong Gold Mining Co's Volatility of 62.58% can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Volatility depends on the Metals & Mining 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 Shandong Gold Mining Co and its competitors. Shandong Gold Mining Co's current Volatility is 62.58%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shandong Gold Mining Co stock overvalued right now?
Based on GuruFocus' analysis, Shandong Gold Mining Co (SHSE:600547) is currently considered Possible Value Trap. The stock's GF Value™ is ¥48.24, compared to a current price of ¥24.18 — trading 49.9% below its estimated fair value. The current Volatility is 62.58%. Shandong Gold Mining Co's overall GF Score™ is 60/100 with 3 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 Shandong Gold Mining Co (SHSE:600547), the current Volatility is 62.58% as of Jul. 02, 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 Shandong Gold Mining Co (SHSE:600547) Overvalued in 2026?
Based on GuruFocus' analysis, Shandong Gold Mining Co stock appears to be undervalued.
The current stock price of ¥24.18 is trading 49.9% below its estimated GF Value™ of ¥48.24.
GuruFocus considers Shandong Gold Mining Co to be Possible Value Trap.
Key valuation signals for SHSE:600547:
Volatility: 62.58%
GF Value™: ¥48.24 vs. price of ¥24.18 (49.9% below fair value)
No single metric tells the full story. See the SHSE:600547 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shandong Gold Mining Co Ltd is a China-based company mainly engaged in the exploration, mining, beneficiation, and sales of gold and non-ferrous metals. Additionally, it is involved in the production, processing, and sales of specialized equipment for gold mines and construction and decoration materials. The company's main products include standard gold bullions, investment gold bars, alloy gold, and silver ingots. Its portfolio of gold mines comprises Sanshandao Gold Mine, Jiaojia Gold Mine, Xincheng Gold Mine, Veladero Gold Mine, and Qinghai Dachaidan Mining, among others. The company's reporting segments are: Gold, which derives maximum revenue, Silver metal, Copper metal, Iron ore concentrates, Lead metal, Zinc metal, Purchased gold, Small gold bars, and Others.
60GF Score
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