water   Water is a gas when it is steam. It condenses to liquid, becoming water. It becomes solid when it freezes, and then becomes liquid again as it melts. The entire pro â¦ cess depends on temperature. The molecular structure of water does not change throughout all these changes.
Volatile Definition: Volatile refers to a substance that vaporizes readily. Volatility is a measure of how readily a substance vaporizes. By Anne Marie Helmenstine, Ph.D.
Historical volatility is the annualized standard deviation of past stock price movements. It measures the daily price changes in the stock over the past year. In contrast, IV is derived from an optionâs price and shows what the market âimpliesâ about the stockâs volatility in the future. Implied volatility is one of six inputs used in an options pricing model, but itâs the only one that is not directly observable in the market itself.