Condor Resources Value At Risk
| CNRIF Stock | | | USD 0.10 -0.04 -28.57% |
The Value At Risk indicator for Condor Resources is derived from observed market data. Exchange-specific data schedules may affect the recency of readings. Condor Resources has a market cap of 16.98 M, current ratio of 7.47. Review
Trending Equities for a broader allocation view. Condor Resources can be added to a watchlist or portfolio for position tracking. Performance attribution breaks down contribution by individual holding. Broader economic conditions can influence Condor Resources's company valuation — related indicators include
signals in gross domestic product.
Condor Resources has current Value At Risk of
-23.08. 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)) |
| = | -23.08 | |
| ER[a] | = | Expected return on investing in Condor Resources |
| STD | = | Standard Deviation of Condor Resources |
| 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
Condor Resources is rated
below average 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.
Compare Condor Resources to Peers
Other Technical Indicators