Max Resource Value At Risk
| MXROF Stock | | | USD 0.26 -0.02 -7.14% |
This technical indicator view for Value At Risk organizes signals for Max Resource Corp and comparable instruments. Data availability can vary by region and feed;
Equity Screeners provides broader screening access. Max Resource has a market cap of 25.45 M, ROE of -43.89%. See
Correlation Analysis for portfolio-level analysis. This suggests a position in Max Resource Corp inside the allocation mix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in employment.
Max Resource Corp has current Value At Risk of
-12.50. 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)) |
| = | -12.50 | |
| ER[a] | = | Expected return on investing in Max Resource |
| STD | = | Standard Deviation of Max Resource |
| N | = | Number of points for the period |
| Z-SCORE | = | Number of standard deviations above or below the mean |
Max Resource Value At Risk Peers Comparison
Max Value At Risk Relative To Other Indicators
Max Resource Corp is rated
below average in value at risk across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set .
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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