GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Murchison Minerals Ltd (TSXV:MUR) » Definitions » Volatility

Murchison Minerals (TSXV:MUR) Volatility : 113.60% (As of May. 03, 2024)


View and export this data going back to 2004. Start your Free Trial

What is Murchison Minerals Volatility?

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 (2024-05-03), Murchison Minerals's Volatility is 113.60%.


Competitive Comparison of Murchison Minerals's Volatility

For the Other Industrial Metals & Mining subindustry, Murchison Minerals'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.


Murchison Minerals's Volatility Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Murchison Minerals's Volatility distribution charts can be found below:

* The bar in red indicates where Murchison Minerals's Volatility falls into.



Murchison Minerals  (TSXV:MUR) 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.


Murchison Minerals  (TSXV:MUR) 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.


Murchison Minerals Volatility Related Terms

Thank you for viewing the detailed overview of Murchison Minerals's Volatility provided by GuruFocus.com. Please click on the following links to see related term pages.


Murchison Minerals (TSXV:MUR) Business Description

Traded in Other Exchanges
N/A
Address
5063 North Service Road, Suite 100, Burlington, ON, CAN, L7L 5H6
Murchison Minerals Ltd is a Canadian?based exploration company. It is focused on nickel-copper-cobalt exploration at the fully owned HPM project in Quebec and the exploration and development of the wholly owned Brabant Lake zinc-copper-silver project in north-central Saskatchewan. The company also holds an option to earn 100% interest in the Barraute VMS exploration project also located in Quebec, north of Val d'Or.