Align Technology Value At Risk
| ALGN Stock | | | USD 164.23 -2.69 -1.61% |
Align Technology value at risk lookup summarizes this and related technical indicators for Align Technology. Coverage depends on data availability and normalization;
Equity Screeners provides additional screening context. Align Technology has a market cap of 11.78 B, operating margin of 22.38%, ROE of 10.39%. Use
Trending Equities to explore allocation context. This includes a position in Align Technology in the portfolio view. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in census.
To learn how to invest in Align Stock, please use our
How to Invest in Align Technology guide.
Align Technology has current Value At Risk of
-4.02. 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)) |
| = | -4.02 | |
| ER[a] | = | Expected return on investing in Align Technology |
| STD | = | Standard Deviation of Align Technology |
| N | = | Number of points for the period |
| Z-SCORE | = | Number of standard deviations above or below the mean |
Align Technology Value At Risk Peers Comparison
Align Value At Risk Relative To Other Indicators
Align Technology is rated
below average in value at risk compared to key competitors. It is currently under evaluation in maximum drawdown compared to key 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.
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.