Fortinet Value At Risk
| FO8 Stock | | | EUR 68.14 -1.46 -2.10% |
This dataset for Fortinet reflects inputs used in the Value At Risk calculation. Extended technical indicator views are accessible through
Equity Screeners. Fortinet has a market cap of 53.67 B, operating margin of 32.77%, current ratio of 1.84. See
Investing Opportunities for additional portfolio context. Fortinet can be added to a watchlist or portfolio for position tracking. All figures are based on reported data and are informational in nature. Broader economic conditions can influence Fortinet's company valuation — related indicators include
signals in inflation.
For information on how to trade Fortinet Stock refer to our
How to Invest in Fortinet guide. It explains the process for buying and trading Fortinet Stock effectively.
Fortinet has current Value At Risk of
-3.19. 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)) |
| = | -3.19 | |
| ER[a] | = | Expected return on investing in Fortinet |
| STD | = | Standard Deviation of Fortinet |
| 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
Fortinet ranks
fourth among 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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