Eastern Value At Risk
| EML Stock | | | USD 20.33 -0.02 -0.1% |
The Value At Risk signal for Eastern Co reflects patterns observed in trading data. All inputs are based on actual trading observations from supported exchanges. Indicator reliability depends on the continuity of available trading data. Eastern has a market cap of 122.83 M, operating margin of 4.38%, ROE of 4.86%. Allocation context is available in
Investing Opportunities. Portfolio composition is shown for contextual purposes. The summary draws on available position and value data. This captures an allocation to Eastern Co. 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 state.
Eastern Co has current Value At Risk of
-3.28. 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)) |
| = | -3.28 | |
| ER[a] | = | Expected return on investing in Eastern |
| STD | = | Standard Deviation of Eastern |
| 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
Eastern Co carries a
third ranking for value at risk within its peer group. It is currently under evaluation for maximum drawdown within its peer group .
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 Eastern to Peers
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