There is nothing about the definition of volatility which restricts its use to short term fluctuations!
Refer: https://en.wikipedia.org/wiki/Volatility_(finance)#Volatility_for_investors
There it describes mathematical formulas for daily, monthly and yearly volatility.
it also states: "Higher volatility of returns while saving for retirement results in a wider distribution of possible final portfolio values" implying the volatility can be used to measure returns over many years!
Prediction, page-73
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Last
39.0¢ |
Change
0.010(2.63%) |
Mkt cap ! $405.3M | |||
| Open | High | Low | Value | Volume |
| 39.0¢ | 39.0¢ | 39.0¢ | $15.95K | 40.90K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 91311 | 38.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 39.0¢ | 1079374 | 17 |
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| Last trade - 10.02am 15/11/2024 (20 minute delay) ? |
| CAJ (ASX) Chart |