Monument Mining Value At Risk
| MMY Stock | | | CAD 0.95 -0.04 -4.04% |
The Value At Risk calculation for Monument Mining draws on price and volume history. Each data point is derived from standardized price and volume feeds. The depth of trading history affects the precision of the indicator. Monument Mining has a market cap of 297.65 M, operating margin of 53.47%, ROE of 35.5%. See
Correlation Analysis for portfolio-level analysis. Allocation data is presented for contextual reference. Portfolio metrics are derived from available position data. The dataset is presented as structured reference material for independent review. This includes a position in Monument Mining Limited. The position sits inside the allocation mix. Portfolio construction methods define how positions are sized. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in inflation.
Monument Mining Limited has current Value At Risk of
-7.38. 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)) |
| = | -7.38 | |
| ER[a] | = | Expected return on investing in Monument Mining |
| STD | = | Standard Deviation of Monument Mining |
| 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
Monument Mining Limited falls in the
fourth 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 Monument Mining to Peers
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