Cardinal Health Value At Risk vs. Rate Of Daily Change
| CAH Stock | | | USD 206.39 -0.01 -0.0048% |
The this indicator signal for Cardinal Health reflects patterns observed in trading data. Availability can differ across markets, exchanges, and instruments. Cardinal Health has a market cap of 48.57 B, operating margin of 1.23%, current ratio of 1.04. For allocation context, review
Trending Equities. Tracking Cardinal Health in a portfolio helps measure its contribution to overall performance. This information is provided for contextual purposes. Broader economic conditions can influence Cardinal Health's company valuation — related indicators include
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Cardinal Health has current Value At Risk of
-2.43. 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)) |
| = | -2.43 | |
| ER[a] | = | Expected return on investing in Cardinal Health |
| STD | = | Standard Deviation of Cardinal Health |
| 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 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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