McEwen Mining Value At Risk
| MUX Stock | | | USD 18.97 0.46 2.49% |
The Value At Risk indicator for McEwen Mining is constructed from normalized market data. The depth of trading history affects the precision of the indicator. McEwen Mining has a market cap of 1.1 B, operating margin of -8.88%, ROE of 6.61%. Allocation context is available in
Correlation Analysis. A position in McEwen Mining is part of the allocation. 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 persons.
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McEwen Mining has current Value At Risk of
-9.26. 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)) |
| = | -9.26 | |
| ER[a] | = | Expected return on investing in McEwen Mining |
| STD | = | Standard Deviation of McEwen 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
McEwen Mining is rated
below average in value at risk among leading competitors. It is currently under evaluation in maximum drawdown among leading 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.
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