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.
INA-Industrija Nafte DD Volatility Related Terms
ZAG:INA vs VLO, MPC, PSX: Volatility Comparison
For the Oil & Gas Refining & Marketing subindustry, INA-Industrija Nafte DD'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.
INA-Industrija Nafte DD Volatility vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, INA-Industrija Nafte DD's Volatility distribution charts can be found below:
* The bar in red indicates where INA-Industrija Nafte DD'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.
INA-Industrija Nafte DD (ZAG:INA) has a Volatility of 7.70% as of Jun. 26, 2026. Volatility is measured as the annualized standard deviation between monthly returns from the security over the past year. View historical data on INA-Industrija Nafte DD and its competitors.
Is INA-Industrija Nafte DD's Volatility too high?
INA-Industrija Nafte DD's current Volatility is 7.70%. Overall, INA-Industrija Nafte DD has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does INA-Industrija Nafte DD's Volatility compare to VLO and MPC?
INA-Industrija Nafte DD's Volatility of 7.70% can be compared against companies in the Oil & Gas 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 an Oil & Gas company?
A good Volatility depends on the Oil & Gas 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 INA-Industrija Nafte DD and its competitors. INA-Industrija Nafte DD's current Volatility is 7.70%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is INA-Industrija Nafte DD stock overvalued right now?
Based on GuruFocus' analysis, INA-Industrija Nafte DD (ZAG:INA) is currently considered Significantly Overvalued. The stock's GF Value™ is €358.63, compared to a current price of €530.00 — trading 47.8% above its estimated fair value. The current Volatility is 7.70%. INA-Industrija Nafte DD's overall GF Score™ is 73/100 with 7 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 INA-Industrija Nafte DD (ZAG:INA), the current Volatility is 7.70% as of Jun. 26, 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 INA-Industrija Nafte DD (ZAG:INA) Overvalued in 2026?
Based on GuruFocus' analysis, INA-Industrija Nafte DD stock appears to be overvalued.
The current stock price of €530.00 is trading 47.8% above its estimated GF Value™ of €358.63.
GuruFocus considers INA-Industrija Nafte DD to be Significantly Overvalued.
Key valuation signals for ZAG:INA:
Volatility: 7.70%
GF Value™: €358.63 vs. price of €530.00 (47.8% above fair value)
No single metric tells the full story. See the ZAG:INA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
INA-Industrija Nafte DD is a medium-sized European oil and gas company. It is engaged in exploration and production of oil and gas deposits, import of natural gas and sale of imported and domestically produced natural gas to industrial consumers and municipal gas distributors, refining and production of oil products through refineries located at Rijeka and Sisak, and Zagreb lubricants plants. Its segments are Exploration and Production of Oil & Gas; Refining & Marketing; Corporate and other. Exploration and Production of Oil & Gas segment include exploration, production, and selling of crude oil and natural gas. Refining & Marketing segment includes crude oil processing, wholesale of refinery products, trading, and logistics.
73GF Score
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