Novabase SGPS Expected Short fall
| NBA Stock | | | EUR 9.00 0.15 1.69% |
This module presents the Expected Short fall indicator for Novabase SGPS using available market inputs. The underlying data comes from exchange-reported trading records. Novabase SGPS has a market cap of 128.22 M, operating margin of 7.1%, current ratio of 1.69. Use
Correlation Analysis to view allocation positioning. Tracking Novabase SGPS in a portfolio provides context for performance attribution. Position sizing depends on the allocation methodology selected for the portfolio. Broader economic conditions can influence Novabase SGPS's company valuation — related indicators include
signals in inflation.
Novabase SGPS has current Expected Short fall of
-1.59. Expected shortfall (or ES) is a risk measure that evaluates the market risk of an equity instrument. It is an alternative to value at risk that is more sensitive to the shape of the loss distribution in the tail of the distribution. The expected shortfall at a particular level is the expected return on the portfolio in the worst percent of the cases. Expected shortfall is also called conditional value at risk (CVaR), average value at risk (AVaR), and expected tail loss (ETL).
Expected Shortfall | = | Conditional VAR |
| = | -1.59 | |
Expected Short fall Peers Comparison
Expected Short fall Relative To Other Indicators
Novabase SGPS maintains a
fifth standing in expected short fall relative to competitors. It is currently under evaluation in maximum drawdown relative to competitors .
ES evaluates the value (or risk) of an investment in a conservative way, focusing on the less profitable outcomes. For high values of it ignores the most profitable but unlikely possibilities, for small values of it focuses on the worst losses. On the other hand, unlike the discounted maximum loss even for lower values of expected shortfall does not consider only the single most catastrophic outcome. Expected shortfall is a coherent, and moreover a spectral, measure of financial portfolio risk.
Compare Novabase SGPS to Peers
Other Technical Indicators