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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.
As of today (2026-08-21), FSPG Hi-Tech Co's Volatility is 95.20%.
FSPG Hi-Tech Co (SZSE:000973) 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.
FSPG Hi-Tech Co Volatility Related Terms
SZSE:000973 vs DOW: Volatility Comparison
For the Chemicals subindustry, FSPG Hi-Tech 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.
FSPG Hi-Tech Co Volatility vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, FSPG Hi-Tech Co's Volatility distribution charts can be found below:
* The bar in red indicates where FSPG Hi-Tech Co's Volatility falls into.
FSPG Hi-Tech Co (SZSE:000973) 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.
FSPG Hi-Tech Co (SZSE:000973) has a Volatility of 95.20% as of Aug. 21, 2026. Volatility is measured as the annualized standard deviation between monthly returns from the security over the past year. View historical data on FSPG Hi-Tech Co and its competitors.
Is FSPG Hi-Tech Co's Volatility too high?
FSPG Hi-Tech Co's current Volatility is 95.20%. Overall, FSPG Hi-Tech Co has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does FSPG Hi-Tech Co's Volatility compare to DOW?
FSPG Hi-Tech Co's Volatility of 95.20% can be compared against companies in the Chemicals 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 Chemicals company?
A good Volatility depends on the Chemicals 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 FSPG Hi-Tech Co and its competitors. FSPG Hi-Tech Co's current Volatility is 95.20%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FSPG Hi-Tech Co stock overvalued right now?
Based on GuruFocus' analysis, FSPG Hi-Tech Co (SZSE:000973) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥7.06, compared to a current price of ¥14.43 — trading 104.4% above its estimated fair value. The current Volatility is 95.20%. FSPG Hi-Tech Co's overall GF Score™ is 60/100 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 FSPG Hi-Tech Co (SZSE:000973), the current Volatility is 95.20% as of Aug. 21, 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 FSPG Hi-Tech Co (SZSE:000973) Overvalued in 2026?
Based on GuruFocus' analysis, FSPG Hi-Tech Co stock appears to be overvalued.
The current stock price of ¥14.43 is trading 104.4% above its estimated GF Value™ of ¥7.06.
GuruFocus considers FSPG Hi-Tech Co to be Significantly Overvalued.
Key valuation signals for SZSE:000973:
Volatility: 95.20%
GF Value™: ¥7.06 vs. price of ¥14.43 (104.4% above fair value)
No single metric tells the full story. See the SZSE:000973 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
FSPG Hi-Tech Co Ltd is a China-based company mainly engaged in the research and development, production, and sale of new energy, new materials, energy-saving technologies, and environmental protection products. The company offers Packaging materials, such as BOPA, BOPP drinking straw, and cigarette packaging materials, and laminated AL films; Electric and optical materials, such as BOPP capacitor and polarizer films; Construction materials comprising woven fabrics and PE-Xc pipes; Personal Healthcare & Clothing materials, such as PE Casting Embossed Film and EasyTexTM and Advertisement & Labeling Material includes PVC Film For Graphics Use.
60GF Score
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Volatility is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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