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.
Chung Tai Resource Technology (TPE:6923) 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.
Chung Tai Resource Technology Volatility Related Terms
TPE:6923 vs WM, RSG, WCN: Volatility Comparison
For the Waste Management subindustry, Chung Tai Resource Technology'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.
Chung Tai Resource Technology Volatility vs Waste Management Industry
For the Waste Management industry and Industrials sector, Chung Tai Resource Technology's Volatility distribution charts can be found below:
* The bar in red indicates where Chung Tai Resource Technology's Volatility falls into.
Chung Tai Resource Technology (TPE:6923) 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.
Chung Tai Resource Technology (TPE:6923) has a Volatility of 47.94% 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 Chung Tai Resource Technology and its competitors.
Is Chung Tai Resource Technology's Volatility too high?
Chung Tai Resource Technology's current Volatility is 47.94%. Overall, Chung Tai Resource Technology has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Chung Tai Resource Technology's Volatility compare to WM and RSG?
Chung Tai Resource Technology's Volatility of 47.94% can be compared against companies in the Waste Management 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 Waste Management company?
A good Volatility depends on the Waste Management 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 Chung Tai Resource Technology and its competitors. Chung Tai Resource Technology's current Volatility is 47.94%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chung Tai Resource Technology stock overvalued right now?
Based on GuruFocus' analysis, Chung Tai Resource Technology (TPE:6923) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$89.32, compared to a current price of NT$72.80 — trading 18.5% below its estimated fair value. The current Volatility is 47.94%. Chung Tai Resource Technology's overall GF Score™ is 70/100 with 4 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 Chung Tai Resource Technology (TPE:6923), the current Volatility is 47.94% 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 Chung Tai Resource Technology (TPE:6923) Overvalued in 2026?
Based on GuruFocus' analysis, Chung Tai Resource Technology stock appears to be undervalued.
The current stock price of NT$72.80 is trading 18.5% below its estimated GF Value™ of NT$89.32.
GuruFocus considers Chung Tai Resource Technology to be Modestly Undervalued.
Key valuation signals for TPE:6923:
Volatility: 47.94%
GF Value™: NT$89.32 vs. price of NT$72.80 (18.5% below fair value)
No single metric tells the full story. See the TPE:6923 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chung Tai Resource Technology Business Description
Chung Tai Resource Technology Corp is mainly engaged in waste disposal and treatment, recycling of waste lighting sources, and recycling of waste printed circuit boards. The company operates in two segments: Waste Disposal Treatments and Circular Economy, and Environmental Construction Services. A majority of its revenue is generated from the Waste Disposal Treatments and Circular Economy segment, which engages in waste disposal and treatment services, recycling of waste lighting sources, recycling of waste printed circuit boards, and electricity generation by waste heat. The Environmental Construction Services segment engages in soil and groundwater pollution remediation services. Geographically, it derives maximum revenue from Taiwan and the rest from Japan.
70GF Score
Get the complete analysis for TPE:6923
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