Mistras Value At Risk vs. Daily Balance Of Power
| MG Stock | | | USD 15.10 0.19 1.27% |
The this indicator calculation for Mistras draws on price and volume history. Each data point is derived from standardized price and volume feeds. Mistras has a market cap of 477.09 M, operating margin of 10.82%, current ratio of 1.36. See
Correlation Analysis for additional portfolio context. Mistras Group can be added to a watchlist or portfolio for position tracking. Performance attribution breaks down contribution by individual holding. Broader economic conditions can influence Mistras Group's company valuation — related indicators include
signals in census.
Mistras Group has current Value At Risk of
-3.81. 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)) |
| = | -3.81 | |
| ER[a] | = | Expected return on investing in Mistras |
| STD | = | Standard Deviation of Mistras |
| 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 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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