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What does volatility mean?

Looking for the meaning or definition of the word volatility? Here's what it means.

Noun
  1. The state of being volatile
    1. (uncountable) The state of having a low boiling point and evaporating readily
    2. (computing) The state of not retaining data in the absence of power.
    3. (uncountable) The state of being able to fly.
    4. (uncountable) The state of being unpredictable
    5. (finance, countable) A quantification of the degree of uncertainty about the future price of a commodity, share, or other financial product
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Examples
The curve forms from a graph plotting return and risk indicated by volatility, which is represented by standard deviation.
His character's primary trait is volatility, which is handy for saloon brawls and shoot-outs.
First, we found that the average aftermarket volatility of matched seasoned stocks has also increased over time.
The principals could not cope with volatility in the foreign exchange market.
As countries become more developed, their economic and political volatility decreases.
It is a recipe for further volatility in the lead up to next year's elections.

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