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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.
Olympic Circuit Technology Co (SHSE:603920) 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.
Olympic Circuit Technology Co Volatility Related Terms
SHSE:603920 vs APH, GLW, TEL: Volatility Comparison
For the Electronic Components subindustry, Olympic Circuit Technology 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.
Olympic Circuit Technology Co Volatility vs Hardware Industry
For the Hardware industry and Technology sector, Olympic Circuit Technology Co's Volatility distribution charts can be found below:
* The bar in red indicates where Olympic Circuit Technology Co's Volatility falls into.
Olympic Circuit Technology Co (SHSE:603920) 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.
Olympic Circuit Technology Co (SHSE:603920) has a Volatility of 58.07% as of Jul. 30, 2026. Volatility is measured as the annualized standard deviation between monthly returns from the security over the past year. View historical data on Olympic Circuit Technology Co and its competitors.
Is Olympic Circuit Technology Co's Volatility too high?
Olympic Circuit Technology Co's current Volatility is 58.07%. Overall, Olympic Circuit Technology Co has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Olympic Circuit Technology Co's Volatility compare to APH and GLW?
Olympic Circuit Technology Co's Volatility of 58.07% can be compared against companies in the Hardware 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 Hardware company?
A good Volatility depends on the Hardware 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 Olympic Circuit Technology Co and its competitors. Olympic Circuit Technology Co's current Volatility is 58.07%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Olympic Circuit Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Olympic Circuit Technology Co (SHSE:603920) is currently considered Fairly Valued. The stock's GF Value™ is ¥30.96, compared to a current price of ¥31.64 — trading 2.2% above its estimated fair value. The current Volatility is 58.07%. Olympic Circuit Technology Co's overall GF Score™ is 88/100 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 Olympic Circuit Technology Co (SHSE:603920), the current Volatility is 58.07% as of Jul. 30, 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 Olympic Circuit Technology Co (SHSE:603920) Overvalued in 2026?
Based on GuruFocus' analysis, Olympic Circuit Technology Co stock appears to be overvalued.
The current stock price of ¥31.64 is trading 2.2% above its estimated GF Value™ of ¥30.96.
GuruFocus considers Olympic Circuit Technology Co to be Fairly Valued.
Key valuation signals for SHSE:603920:
Volatility: 58.07%
GF Value™: ¥30.96 vs. price of ¥31.64 (2.2% above fair value)
No single metric tells the full story. See the SHSE:603920 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Olympic Circuit Technology Co Business Description
Olympic Circuit Technology Co Ltd is a Chinese company engaged in manufacturing printed circuit boards (PCBs). The company's products include single sided to complex, multi-layer PCBs. It serves various industries including automotive, medical, computer and peripherals, industrial, data and telecommunications and consumer products.
88GF Score
Get the complete analysis for SHSE:603920
Volatility is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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