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.
Jiangsu Longda Superalloy Co (SHSE:688231) 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.
Jiangsu Longda Superalloy Co Volatility Related Terms
Jiangsu Longda Superalloy Co Volatility Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Jiangsu Longda Superalloy 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.
Jiangsu Longda Superalloy Co Volatility vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Jiangsu Longda Superalloy Co's Volatility distribution charts can be found below:
* The bar in red indicates where Jiangsu Longda Superalloy Co's Volatility falls into.
Jiangsu Longda Superalloy Co (SHSE:688231) 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.
Jiangsu Longda Superalloy Co (SHSE:688231) has a Volatility of 49.57% as of Jun. 28, 2026. Volatility is measured as the annualized standard deviation between monthly returns from the security over the past year. View historical data on Jiangsu Longda Superalloy Co and its competitors.
Is Jiangsu Longda Superalloy Co's Volatility too high?
Jiangsu Longda Superalloy Co's current Volatility is 49.57%. Overall, Jiangsu Longda Superalloy Co has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jiangsu Longda Superalloy Co's Volatility compare to competitors?
Jiangsu Longda Superalloy Co's Volatility of 49.57% 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 Jiangsu Longda Superalloy Co and its competitors. Jiangsu Longda Superalloy Co's current Volatility is 49.57%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangsu Longda Superalloy Co stock overvalued right now?
Based on GuruFocus' analysis, Jiangsu Longda Superalloy Co (SHSE:688231) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥21.98, compared to a current price of ¥34.18 — trading 55.5% above its estimated fair value. The current Volatility is 49.57%. Jiangsu Longda Superalloy Co's overall GF Score™ is 68/100 with 6 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 Jiangsu Longda Superalloy Co (SHSE:688231), the current Volatility is 49.57% as of Jun. 28, 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 Jiangsu Longda Superalloy Co (SHSE:688231) Overvalued in 2026?
Based on GuruFocus' analysis, Jiangsu Longda Superalloy Co stock appears to be overvalued.
The current stock price of ¥34.18 is trading 55.5% above its estimated GF Value™ of ¥21.98.
GuruFocus considers Jiangsu Longda Superalloy Co to be Significantly Overvalued.
Key valuation signals for SHSE:688231:
Volatility: 49.57%
GF Value™: ¥21.98 vs. price of ¥34.18 (55.5% above fair value)
No single metric tells the full story. See the SHSE:688231 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jiangsu Longda Superalloy Co Ltd engages in the research and development, production, and sales of alloy materials. Its high-temperature alloy segment includes casting and deformation alloys widely used in aerospace, energy, oil and gas, petrochemicals, shipbuilding, and automotive sectors. The company focuses on the "two-machine field," referring to aircraft engines and gas turbine equipment, serving both civil and military applications. It also offers alloy pipe products such as copper-nickel alloy tubes, high-speed rail ground wire alloy tubes, high-efficiency tubes, brass tubes, and copper tubes used in ships, power, rail transport, and petrochemical industries.
68GF Score
Get the complete analysis for SHSE:688231
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