Spring Airlines Value At Risk
| 601021 Stock | | | 46.65 -0.56 -1.19% |
Historical market data for Spring Airlines Co forms the basis of the Value At Risk indicator shown here. The indicator computation uses normalized market activity data. Market data gaps can influence the computed indicator values. Cross-instrument Value At Risk comparisons are available via
Equity Screeners. Spring Airlines has a market cap of 55.01 B, operating margin of 25.51%, ROE of 11.17%. Portfolio-level context is available through
Trending Equities. The portfolio structure is presented for analytical context. Portfolio data reflects current holdings and their weights. All figures are based on reported data and are informational in nature. The allocation includes a position in Spring Airlines Co. The position falls within the allocation view. The sizing of each position reflects the overall allocation strategy. 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.
Spring Airlines Co has current Value At Risk of
-2.54. 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)) |
| = | -2.54 | |
| ER[a] | = | Expected return on investing in Spring Airlines |
| STD | = | Standard Deviation of Spring Airlines |
| 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
Spring Airlines Co is rated
fifth 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.
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