XTRRF (Comet Lithium) Volatility: 258.24% (As of Jun. 24, 2026)


XTRRF Comet Lithium Corp XTRRF
26 GF Score
Price $0.40
! 1 Warning Sign
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What is Comet Lithium Volatility?

Comet Lithium XTRRF 26 Volatility is 258.24% as of Jun. 24, 2026. GuruFocus rates XTRRF with a GF Score™ of 26/100. The stock has 1 warning sign investors should review.

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 (2026-06-24), Comet Lithium's Volatility is 258.24%.

Comet Lithium  (OTCPK:XTRRF) 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.

Comet Lithium Volatility Related Terms

XTRRF vs HL: Volatility Comparison

For the Other Precious Metals & Mining subindustry, Comet Lithium'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.

Comet Lithium Volatility vs Metals & Mining Industry

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

* The bar in red indicates where Comet Lithium's Volatility falls into.


XTRRF
26GF Score
Comet Lithium Corp XTRRF
Volatility is just one metric. See GF Score™, valuation, warning signs, and more.
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Comet Lithium  (OTCPK:XTRRF) 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.

Frequently Asked Questions Learn more about Volatility →
What does a Volatility of 258.24% mean?
Comet Lithium (XTRRF) has a Volatility of 258.24% as of Jun. 24, 2026. Volatility is measured as the annualized standard deviation between monthly returns from the security over the past year. View historical data on Comet Lithium and its competitors.
Is Comet Lithium's Volatility too high?
Comet Lithium's current Volatility is 258.24%. Overall, Comet Lithium has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does Comet Lithium's Volatility compare to HL?
Comet Lithium's Volatility of 258.24% can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Volatility depends on the Metals & Mining 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 Comet Lithium and its competitors. Comet Lithium's current Volatility is 258.24%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Comet Lithium stock overvalued right now?
Comet Lithium (XTRRF) has a current Volatility of 258.24%. The current Volatility is 258.24%. Comet Lithium's overall GF Score™ is 26/100 with 1 warning sign 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 Comet Lithium (XTRRF), the current Volatility is 258.24% as of Jun. 24, 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.

Comet Lithium Business Description

Other Exchanges 8QY:GermanyCLIC:Canada
Address 147 Avenue Quebec, Porte Arriere, Rouyn-Noranda, QC, CAN, J9X 6M8
Comet Lithium Corp is a dynamic Quebec-focused exploration company with a robust portfolio of high-potential assets with exposure to lithium, gold, copper and nickel. Its holdings include the expansive Troilus East Property, strategically located adjacent to Troilus Gold's multi-million-ounce gold-copper deposit. Comet also owns the Liberty Property, directly adjoining Winsome Resources Adina lithium deposit, along with several other prospective properties across the province.
26GF Score

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Volatility is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.40
Price