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.
China Resources Microelectronics (SHSE:688396) 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.
China Resources Microelectronics Volatility Related Terms
SHSE:688396 vs NVDA, AVGO, MU: Volatility Comparison
For the Semiconductors subindustry, China Resources Microelectronics'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.
China Resources Microelectronics Volatility vs Semiconductors Industry
For the Semiconductors industry and Technology sector, China Resources Microelectronics's Volatility distribution charts can be found below:
* The bar in red indicates where China Resources Microelectronics's Volatility falls into.
China Resources Microelectronics (SHSE:688396) 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.
China Resources Microelectronics (SHSE:688396) has a Volatility of 50.26% 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 China Resources Microelectronics and its competitors.
Is China Resources Microelectronics' Volatility too high?
China Resources Microelectronics' current Volatility is 50.26%. Overall, China Resources Microelectronics has a GF Score™ of 85/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does China Resources Microelectronics' Volatility compare to NVDA and AVGO?
China Resources Microelectronics' Volatility of 50.26% can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Volatility depends on the Semiconductors 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 China Resources Microelectronics and its competitors. China Resources Microelectronics's current Volatility is 50.26%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Resources Microelectronics stock overvalued right now?
Based on GuruFocus' analysis, China Resources Microelectronics (SHSE:688396) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥55.88, compared to a current price of ¥84.72 — trading 51.6% above its estimated fair value. The current Volatility is 50.26%. China Resources Microelectronics' overall GF Score™ is 85/100 with 10 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 China Resources Microelectronics (SHSE:688396), the current Volatility is 50.26% 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 China Resources Microelectronics (SHSE:688396) Overvalued in 2026?
Based on GuruFocus' analysis, China Resources Microelectronics stock appears to be overvalued.
The current stock price of ¥84.72 is trading 51.6% above its estimated GF Value™ of ¥55.88.
GuruFocus considers China Resources Microelectronics to be Significantly Overvalued.
Key valuation signals for SHSE:688396:
Volatility: 50.26%
GF Value™: ¥55.88 vs. price of ¥84.72 (51.6% above fair value)
No single metric tells the full story. See the SHSE:688396 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Resources Microelectronics Business Description
China Resources Microelectronics Ltd is engaged in designing, producing, and selling power semiconductors, smart sensors and smart control products, as well as providing open wafer manufacturing, packaging and testing, and other manufacturing services.
85GF Score
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