Eminent Gold Value At Risk
| EMGDF Stock | | | USD 0.45 0.05 12.50% |
The Value At Risk profile for Eminent Gold Corp is based on historical price and volume observations. The dataset is based on observed market activity where data is available. Eminent Gold has a market cap of 13.43 M, current ratio of 1.71.
Investing Opportunities can help frame allocation decisions. Portfolio tools allow users to monitor Eminent Gold Corp alongside other positions. How positions are weighted depends on the construction approach applied. Broader economic conditions can influence Eminent Gold Corp's otc stock valuation — related indicators include
signals in unemployment.
Eminent Gold Corp has current Value At Risk of
-8.51. 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)) |
| = | -8.51 | |
| ER[a] | = | Expected return on investing in Eminent Gold |
| STD | = | Standard Deviation of Eminent Gold |
| 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
Eminent Gold Corp ranks
third among otc stocks 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.
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