Modular Medical Value At Risk
| MODD Stock | | | USD 0.19 -0.03 -13.64% |
This module presents the Value At Risk indicator for Modular Medical using available market inputs. The indicator computation uses normalized market activity data. Exchange-specific data schedules may affect the recency of readings. Modular Medical has a market cap of 26.86 M, ROE of -3.32%. Use
Correlation Analysis to view allocation positioning. Allocation details are provided as informational context. Position-level data supports the allocation summary. All content is derived from available inputs and carries no advisory implication. The allocation shows a weighting toward Modular Medical. The position is captured in the allocation summary. Each holding is sized according to the methodology applied to the portfolio. The data shown is informational and should not be interpreted as guidance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in discontinued.
For more information on how to buy Modular Stock please use our
How to Buy Modular Stock guide.
Modular Medical has current Value At Risk of
-8.11. 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)) |
| = | -8.11 | |
| ER[a] | = | Expected return on investing in Modular Medical |
| STD | = | Standard Deviation of Modular Medical |
| 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
Modular Medical holds the
#4 position for value at risk relative to top peers. It is currently under evaluation for maximum drawdown relative to top peers .
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 Modular Medical to Peers
Other Technical Indicators