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.
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.
NTG Clarity Networks Volatility Related Terms
TSXV:NCI vs UBER, SHOP, CRM: Volatility Comparison
For the Software - Application subindustry, NTG Clarity Networks'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.
NTG Clarity Networks Volatility vs Software Industry
For the Software industry and Technology sector, NTG Clarity Networks's Volatility distribution charts can be found below:
* The bar in red indicates where NTG Clarity Networks's Volatility falls into.
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.
NTG Clarity Networks (TSXV:NCI) has a Volatility of 28.42% as of Jul. 12, 2026. Volatility is measured as the annualized standard deviation between monthly returns from the security over the past year. View historical data on NTG Clarity Networks and its competitors.
Is NTG Clarity Networks' Volatility too high?
NTG Clarity Networks' current Volatility is 28.42%. Overall, NTG Clarity Networks has a GF Score™ of 79/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does NTG Clarity Networks' Volatility compare to UBER and SHOP?
NTG Clarity Networks' Volatility of 28.42% can be compared against companies in the Software 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 Software company?
A good Volatility depends on the Software 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 NTG Clarity Networks and its competitors. NTG Clarity Networks's current Volatility is 28.42%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NTG Clarity Networks stock overvalued right now?
Based on GuruFocus' analysis, NTG Clarity Networks (TSXV:NCI) is currently considered Possible Value Trap. The stock's GF Value™ is C$1.36, compared to a current price of C$0.79 — trading 41.9% below its estimated fair value. The current Volatility is 28.42%. NTG Clarity Networks' overall GF Score™ is 79/100 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 NTG Clarity Networks (TSXV:NCI), the current Volatility is 28.42% as of Jul. 12, 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 NTG Clarity Networks (TSXV:NCI) Overvalued in 2026?
Based on GuruFocus' analysis, NTG Clarity Networks stock appears to be undervalued.
The current stock price of C$0.79 is trading 41.9% below its estimated GF Value™ of C$1.36.
GuruFocus considers NTG Clarity Networks to be Possible Value Trap.
Key valuation signals for TSXV:NCI:
Volatility: 28.42%
GF Value™: C$1.36 vs. price of C$0.79 (41.9% below fair value)
No single metric tells the full story. See the TSXV:NCI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NTG Clarity Networks Inc provides digital transformation solutions, software development outsourcing, and software products. The group provides engineering, Information Technology, networking services, and develops niche software products for telecommunications and utilities. It also expanded into the financial and government sectors, providing technical resources and products to assist customers with projects that include digital transformation. The company has three operating segments: NTG Canada, NTG Egypt, and NTG Saudi. The company generates the majority of its revenue from the NTG Canada segment.
79GF Score
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