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Definition of volatility : Quality or state of being volatile; disposition to evaporate; changeableness; fickleness.

Synonyms:

vaporization, dryness, excitability, unpredictability, lightness, evaporation, levity, buoyancy

hot-temperedness, touchiness, rashness, nervousness, short-temperedness, emotionality, ardency, passion, excitableness, brittleness, quick-temperedness, crankiness, explosiveness, combustibility, sensitivity, storminess, tempestuousness, edginess, recklessness, irritability, fragility

plasticity, mutation, pliancy, unreliability, modifiability, permutability, malleability, inconstancy

fluctuation, sporadicalness, fitfulness, fancy, vagary, whimsy, whim

inconsistency, uncertainty, shyness, infirmity, ambivalence, spinelessness, irresolution, indecisiveness, halfheartedness, fickleness, wateriness, unwillingness, tentativeness, yellowness, changeability, hesitance, insipidity, impulsiveness, unsureness, weakness, vacillation, double-mindedness, capriciousness, shiftiness

temporality, instantaneousness, transience, transition, impermanence, moment, evanescence, briefness

fleetingness, waywardness, arbitrariness, flightiness, haphazardness, carelessness, whimsicality, fancifulness, spasticity, irregularity, randomness, caprice

Usage examples:

• Now, Deville's process depends upon three points,- upon intense heat, blowpipe action, and the volatility of certain metals. - "The Chemical History Of A Candle", Michael Faraday.
• Hard, dry and practical in its attitude to the ordinary affairs of life, it is apt to catch fire from a sudden enthusiasm, as if volatility were its dominant note and instability its only fixed attribute. - "Scotland's Mark on America", George Fraser Black.
• Their control in this way intimated a volatility which was not perceptible in their sentiment. - "A Hazard of New Fortunes", William Dean Howells.