Faraday Copper Value At Risk
| FDY Stock | | | CAD 3.75 0.17 4.75% |
The Value At Risk reading for Faraday Copper Corp is computed from historical trading observations. Values reflect historical observations within the available dataset. Faraday Copper has a market cap of 480.47 M. Portfolio-level context is available through
Investing Opportunities. Faraday Copper Corp can be added to a watchlist or portfolio for position tracking. Performance attribution breaks down contribution by individual holding. Broader economic conditions can influence Faraday Copper Corp's company valuation — related indicators include
signals in inflation.
Faraday Copper Corp has current Value At Risk of
-7.27. 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)) |
| = | -7.27 | |
| ER[a] | = | Expected return on investing in Faraday Copper |
| STD | = | Standard Deviation of Faraday Copper |
| 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
Faraday Copper Corp lands at
#5 in value at risk compared to key competitors. It is currently under evaluation in maximum drawdown compared to key 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 Faraday Copper to Peers
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