CECO Environmental Value At Risk
| CECO Stock | | | USD 57.78 0.04 0.07% |
The Value At Risk indicator for CECO Environmental Corp is derived from observed market data. The calculation draws on time-series market data across available periods. Exchange-specific data schedules may affect the recency of readings. CECO Environmental has a market cap of 2.01 B, operating margin of 9.24%, ROE of 18.47%. See
Trending Equities for portfolio-level analysis. Portfolio positioning is summarized for reference. Position-level data supports the allocation summary. The information is presented without directional commentary. A position in CECO Environmental Corp is indicated here. It is reflected in the overall portfolio structure. Position weights are derived from the portfolio construction methodology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in median.
CECO Environmental Corp has current Value At Risk of
-4.56. 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)) |
| = | -4.56 | |
| ER[a] | = | Expected return on investing in CECO Environmental |
| STD | = | Standard Deviation of CECO Environmental |
| 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
CECO Environmental Corp 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.
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