Micron Technology Value At Risk
| MU Stock | | | USD 422.90 -21.37 -4.81% |
Observed values used in the Value At Risk indicator for Micron Technology are included in this dataset. The underlying data comes from exchange-reported trading records. Micron Technology has a market cap of 476.92 B, operating margin of 67.62%, ROE of 39.82%.
Correlation Analysis can help frame allocation decisions. The view reflects the current state of portfolio allocation. The view is constructed from recorded portfolio positions. All content is derived from available inputs and carries no advisory implication. The allocation shows a weighting toward Micron Technology. The weighting is visible within the allocation breakdown. The sizing of each position reflects the overall allocation strategy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in persons.
For a practical introduction to investing in Micron Stock, check out our
How to Buy Micron Technology guide.
Micron Technology has current Value At Risk of
-4.81. 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)) |
| = | -4.81 | |
| ER[a] | = | Expected return on investing in Micron Technology |
| STD | = | Standard Deviation of Micron Technology |
| 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
Micron Technology 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 Micron Technology to Peers
Other Technical Indicators