Legato Merger Value At Risk
| LEGT Stock | | | 10.98 0.01 0.09% |
The Value At Risk indicator for Legato Merger Corp is derived from observed market data. The calculation draws on time-series market data across available periods. Legato Merger has a market cap of 283.02 M. Portfolio-level context is available through
Correlation Analysis. Adding Legato Merger Corp to a portfolio enables side-by-side comparison with other holdings. Risk and return metrics update as positions are added or adjusted. Broader economic conditions can influence Legato Merger Corp's company valuation — related indicators include
signals in census.
Legato Merger Corp has current Value At Risk of
-0.55. 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)) |
| = | -0.55 | |
| ER[a] | = | Expected return on investing in Legato Merger |
| STD | = | Standard Deviation of Legato Merger |
| 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
Legato Merger Corp is rated
below average in value at risk relative to competitors. It is currently under evaluation in maximum drawdown relative to 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 Legato Merger to Peers
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