Evonik Industries Value At Risk
| EVKIY Stock | | | USD 8.46 0.14 1.68% |
Observed values used in the Value At Risk indicator for Evonik Industries AG are included in this dataset. The underlying data comes from exchange-reported trading records. Market data gaps can influence the computed indicator values. For broader technical screening across instruments, see
Equity Screeners. Evonik Industries has a market cap of 10.45 B, operating margin of 7.73%, ROE of 8.95%. Allocation context is available in
Investing Opportunities. The portfolio view reflects current allocation structure. A position in Evonik Industries AG is indicated here. It is reflected in the overall portfolio structure. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
Evonik Industries AG has current Value At Risk of
-4.45. 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)) |
| = | -4.45 | |
| ER[a] | = | Expected return on investing in Evonik Industries |
| STD | = | Standard Deviation of Evonik Industries |
| 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
Evonik Industries AG 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 Evonik Industries to Peers
Other Technical Indicators