Credo Technology Value At Risk
| CRDO Stock | | | USD 95.26 -1.18 -1.22% |
The Value At Risk profile for Credo Technology Group is based on historical price and volume observations. The dataset is based on observed market activity where data is available. Credo Technology has a market cap of 19.17 B, operating margin of 36.76%, current ratio of 8.12. Use
Trending Equities to view allocation positioning. Portfolio analysis tools can evaluate how Credo Technology Group fits within a broader allocation. The allocation framework in use shapes how individual positions are weighted. Broader economic conditions can influence Credo Technology Group's company valuation — related indicators include
signals in discontinued.
Credo Technology Group has current Value At Risk of
-9.18. 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)) |
| = | -9.18 | |
| ER[a] | = | Expected return on investing in Credo Technology |
| STD | = | Standard Deviation of Credo Technology |
| 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
Credo Technology Group 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.
Compare Credo Technology to Peers
Other Technical Indicators