Minehub Technologies Value At Risk

MHUB Stock   0.51  -0.16  -23.88%   
The Value At Risk signal for Minehub Technologies reflects patterns observed in trading data. Availability can differ across markets, exchanges, and instruments. Minehub Technologies has a market cap of 69.42 M. Use Correlation Analysis to explore allocation context. Minehub Technologies can be evaluated within a portfolio framework for weight and risk impact. Drawdown analysis shows how each position affects portfolio volatility. Broader economic conditions can influence Minehub Technologies's company valuation — related indicators include signals in bureau of labor statistics.
Minehub Technologies has current Value At Risk of -8.16. 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))

 = 
-8.16
ER[a] = Expected return on investing in Minehub Technologies
STD =   Standard Deviation of Minehub Technologies
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

Minehub Technologies falls in the fifth position for value at risk across the peer group. It is currently under evaluation for maximum drawdown across the peer group .
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 Minehub Technologies to Peers

Other Technical Indicators