Carvana Value At Risk
| CVNA Stock | | | USD 300.86 8.22 2.81% |
This technical indicator view for Value At Risk organizes signals for Carvana Co and comparable instruments. Coverage varies by data normalization and availability; see
Equity Screeners for broader screening context. Carvana has a market cap of 67.82 B, operating margin of 7.57%, ROE of 67.95%. See
Trending Equities for portfolio-level analysis. This suggests a position in Carvana Co within the portfolio mix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in inflation.
Carvana Co has current Value At Risk of
-6.16. 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)) |
| = | -6.16 | |
| ER[a] | = | Expected return on investing in Carvana |
| STD | = | Standard Deviation of Carvana |
| N | = | Number of points for the period |
| Z-SCORE | = | Number of standard deviations above or below the mean |
Carvana Value At Risk Peers Comparison
Carvana Value At Risk Relative To Other Indicators
Carvana Co is rated
below average 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.
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