Cathay General Value At Risk
| CATY Stock | | | USD 47.83 0.30 0.63% |
The Value At Risk profile for Cathay General Bancorp is based on historical price and volume observations. The dataset is based on observed market activity where data is available. Cathay General has a market cap of 3.23 B, operating margin of 61.76%, ROE of 10.92%. Use
Trending Equities to explore allocation context. Allocation data is presented for contextual reference. Allocation figures are based on reported position values. A position in Cathay General Bancorp is part of the allocation. This appears 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 real.
Cathay General Bancorp has current Value At Risk of
-2.20. 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)) |
| = | -2.20 | |
| ER[a] | = | Expected return on investing in Cathay General |
| STD | = | Standard Deviation of Cathay General |
| 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
Cathay General Bancorp is rated
second 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 Cathay General to Peers
Other Technical Indicators