B2Gold Corp Value At Risk
| BTG Stock | | | USD 4.60 -0.24 -4.96% |
Observed values used to calculate the Value At Risk technical indicator for B2Gold Corp. Some instruments may provide partial coverage depending on trading history.
B2Gold Corp has current Value At Risk of
-6.56. 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)) |
| = | -6.56 | |
| ER[a] | = | Expected return on investing in B2Gold Corp |
| STD | = | Standard Deviation of B2Gold Corp |
| 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
B2Gold Corp ranks
fourth among stocks in value at risk across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set .
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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