Continuous growth but in a cyclical pattern with high volatility.
Or, the higher volatility could be reflecting changes in the way markets operate.
"All these markets have been hit by very high volatility."
If the price often changes a great deal, the stock has "high volatility."
They also say the funds contribute to higher volatility in the Asian equity markets.
"And it is likely to keep volatility relatively high."
Obviously, these stocks showed their high volatility in the October panic selling.
The economy of Iceland is small and subject to high volatility.
Analysts offer many reasons for the higher volatility these days.
But whatever the reason, there is little doubt that high volatility has usually been associated with significant turns in the market.