Jiangxi Hengda Value At Risk
| 002591 Stock | | | 7.13 -0.29 -3.91% |
Technical inputs supporting the Value At Risk indicator for Jiangxi Hengda Hi Tech are shown here. Values are derived from historical price and volume observations. Jiangxi Hengda has a market cap of 2.33 B, operating margin of -6.48%, ROE of -4.14%. Allocation context is available in
Trending Equities. The portfolio view reflects current allocation structure. The data reflects holdings as of the most recent update. The allocation includes a position in Jiangxi Hengda Hi Tech. It is distributed across the allocation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
Jiangxi Hengda Hi Tech has current Value At Risk of
-4.40. Value At Risk (or VAR) is a statistical technique used to measure the level of financial risk of investment instrument over a specific time frame. It is a widely used measure of the risk of loss on a specific investing instrument.
Value At Risk | = | ER[a] x N | + | (Z-SCORE x STD x SQRT (N)) |
| = | -4.40 | |
| ER[a] | = | Expected return on investing in Jiangxi Hengda |
| STD | = | Standard Deviation of Jiangxi Hengda |
| N | = | Number of points for the period |
| Z-SCORE | = | Number of standard deviations above or below the mean |
Value At Risk Peers Comparison
Value At Risk Relative To Other Indicators
Jiangxi Hengda Hi Tech is rated
below average in value at risk among leading competitors. It is currently under evaluation in maximum drawdown among leading competitors .
Value At Risk is used by risk managers in order to measure and control the level of risk which the firm undertakes. The risk manager job is to ensure that risks are not taken beyond the level at which the firm can absorb the losses of a probable worst outcome. VAR can be defined as the loss level that will not be exceeded with a certain confidence level during a certain period of time.
Compare Jiangxi Hengda to Peers
Other Technical Indicators