Karoon Energy Value At Risk
| KRNGY Stock | | | USD 2.47 -0.05 -1.98% |
The Value At Risk calculation for Karoon Energy draws on price and volume history. Related screening structures are referenced through
Equity Screeners. Karoon Energy has a market cap of 844.03 M, operating margin of 39.13%, current ratio of 0.99. For allocation context, review
Correlation Analysis. Karoon Energy can be included in a portfolio to evaluate diversification impact. The information is presented without directional commentary. Broader economic conditions can influence Karoon Energy's company valuation — related indicators include
signals in census.
Karoon Energy has current Value At Risk of
-1.52. 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)) |
| = | -1.52 | |
| ER[a] | = | Expected return on investing in Karoon Energy |
| STD | = | Standard Deviation of Karoon Energy |
| 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
Karoon Energy is rated
fifth 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.
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