Drax Group Value At Risk
| DRXGF Stock | | | USD 11.10 0.00 0.00% |
The Value At Risk reading for Drax Group plc is computed from historical trading observations. Each data point is derived from standardized price and volume feeds. Indicator reliability depends on the continuity of available trading data. Extended technical indicator views are accessible through
Equity Screeners. Drax Group has a market cap of 3.13 B, operating margin of 5.91%, ROE of 15.68%.
Investing Opportunities adds portfolio-level perspective. The view frames allocation within the broader portfolio. Composition figures are derived from reported holdings. This captures an allocation to Drax Group plc. This is part of the broader portfolio composition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in census.
Drax Group plc has current Value At Risk of 0. 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)) |
| = | 0 | |
| ER[a] | = | Expected return on investing in Drax Group |
| STD | = | Standard Deviation of Drax Group |
| 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
Drax Group plc 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 Drax Group to Peers
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