Envela Corp Value At Risk
| ELA Stock | | | USD 17.52 0.11 0.63% |
The Value At Risk signal for Envela Corp reflects patterns observed in trading data. All values reflect available price and volume data across reporting intervals. Envela Corp has a market cap of 448.65 M, operating margin of 9.36%, current ratio of 4.03. See
Investing Opportunities for additional portfolio context. Envela Corp can be added to a watchlist or portfolio for position tracking. All values are presented as reference data. Broader economic conditions can influence Envela Corp's company valuation — related indicators include
signals in board of governors.
The fundamentals of trading Envela Stock are covered in our
How to Buy Envela Corp walkthrough. This resource outlines the process for evaluating Envela Stock from a trading perspective. It covers the mechanics of investing in Envela Corp from account funding through order execution.
Envela Corp has current Value At Risk of
-9.20. 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)) |
| = | -9.20 | |
| ER[a] | = | Expected return on investing in Envela Corp |
| STD | = | Standard Deviation of Envela Corp |
| 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
Envela Corp 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.
Compare Envela Corp to Peers
Other Technical Indicators