CNX Resources Value At Risk
| CNX Stock | | | USD 40.01 -0.37 -0.92% |
Technical inputs supporting the Value At Risk indicator for CNX Resources Corp are shown here. Coverage differences may occur across instruments and market segments. CNX Resources has a market cap of 5.7 B, operating margin of 57.91%, current ratio of 0.3. See
Trending Equities for additional portfolio context. CNX Resources Corp can be added to a watchlist or portfolio for position tracking. Correlation data between positions helps assess portfolio-level risk. Broader economic conditions can influence CNX Resources Corp's company valuation — related indicators include
signals in state.
CNX Resources Corp has current Value At Risk of
-3.20. 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)) |
| = | -3.20 | |
| ER[a] | = | Expected return on investing in CNX Resources |
| STD | = | Standard Deviation of CNX 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
CNX Resources Corp is rated
fifth 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 CNX Resources to Peers
Other Technical Indicators