By Ziv Shay | Updated June 2026

Fact-checked for accuracy Reviewed by Ziv Shay Updated June 2026

Sources: IRS, SEC, Federal Reserve, U.S. Bureau of Labor Statistics & U.S. Census Bureau. See our editorial standards.

Volatility

A measure of how much an investment’s price swings up and down over time.

UPDATED June 2026 — Definitions reviewed for accuracy

Definition: A measure of how much an investment’s price swings up and down over time.

Volatility describes the size and frequency of price movements. High-volatility assets (like individual tech stocks or crypto) can soar or plunge quickly, while low-volatility assets (like bonds or broad index funds) move more gently. Volatility is not the same as risk of permanent loss — for long-term investors, short-term volatility is largely noise.

Formula

How it’s calculated

Often measured by standard deviation of returns, or by "beta" relative to the market.

Example

A stock that regularly swings 5% in a day is far more volatile than an S&P 500 index fund that typically moves under 1% daily. The volatile stock offers bigger potential gains and losses.

Related Terms

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About the AuthorZiv Shay is a software engineer and fintech enthusiast based in Israel, building free financial tools since 2024. Learn more

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