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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.
Mingxin New Material Co (SHSE:605068) 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.
Mingxin New Material Co Volatility Related Terms
SHSE:605068 vs ORLY, AZO: Volatility Comparison
For the Auto Parts subindustry, Mingxin New Material 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.
Mingxin New Material Co Volatility vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Mingxin New Material Co's Volatility distribution charts can be found below:
* The bar in red indicates where Mingxin New Material Co's Volatility falls into.
Mingxin New Material Co (SHSE:605068) 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.
Mingxin New Material Co (SHSE:605068) has a Volatility of 58.15% as of Jul. 13, 2026. Volatility is measured as the annualized standard deviation between monthly returns from the security over the past year. View historical data on Mingxin New Material Co and its competitors.
Is Mingxin New Material Co's Volatility too high?
Mingxin New Material Co's current Volatility is 58.15%. Overall, Mingxin New Material Co has a GF Score™ of 71/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Mingxin New Material Co's Volatility compare to ORLY and AZO?
Mingxin New Material Co's Volatility of 58.15% can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Volatility depends on the Vehicles & Parts 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 Mingxin New Material Co and its competitors. Mingxin New Material Co's current Volatility is 58.15%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mingxin New Material Co stock overvalued right now?
Based on GuruFocus' analysis, Mingxin New Material Co (SHSE:605068) is currently considered Possible Value Trap. The stock's GF Value™ is ¥30.04, compared to a current price of ¥15.75 — trading 47.6% below its estimated fair value. The current Volatility is 58.15%. Mingxin New Material Co's overall GF Score™ is 71/100 with 7 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 Mingxin New Material Co (SHSE:605068), the current Volatility is 58.15% as of Jul. 13, 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 Mingxin New Material Co (SHSE:605068) Overvalued in 2026?
Based on GuruFocus' analysis, Mingxin New Material Co stock appears to be undervalued.
The current stock price of ¥15.75 is trading 47.6% below its estimated GF Value™ of ¥30.04.
GuruFocus considers Mingxin New Material Co to be Possible Value Trap.
Key valuation signals for SHSE:605068:
Volatility: 58.15%
GF Value™: ¥30.04 vs. price of ¥15.75 (47.6% below fair value)
No single metric tells the full story. See the SHSE:605068 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mingxin New Material Co Ltd is engaged in development, production and sales of automotive leather. The company's product is automotive interior leather, which is mainly used in automotive interior products such as seats, steering wheels, instrument panels, door panels and other high-end passenger cars.
71GF Score
Get the complete analysis for SHSE:605068
Volatility is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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