Headwater Exploration Value At Risk

HWX Stock  CAD 12.80  -0.04  -0.31%   
The Value At Risk indicator for Headwater Exploration is constructed from normalized market data. Related indicator context is organized within Equity Screeners. Headwater Exploration has a market cap of 3.05 B, operating margin of 29.47%, current ratio of 2.55. Use Risk vs Return Analysis to explore allocation context. Adding Headwater Exploration to a portfolio enables side-by-side comparison with other holdings. This information is provided for contextual purposes. Broader economic conditions can influence Headwater Exploration's company valuation — related indicators include signals in inflation.
Headwater Exploration has current Value At Risk of -3.00. 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))

 = 
-3.00
ER[a] = Expected return on investing in Headwater Exploration
STD =   Standard Deviation of Headwater Exploration
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

Headwater Exploration lands at #4 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 Headwater Exploration to Peers

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