NeoVolta Common Value At Risk
| NEOV Stock | | | USD 4.07 -0.12 -2.86% |
This module presents the Value At Risk indicator for NeoVolta Common Stock using available market inputs. The underlying data comes from exchange-reported trading records. NeoVolta Common has a market cap of 173.29 M, operating margin of -96.36%, current ratio of 2.84. For allocation context, review
Correlation Analysis. NeoVolta Common Stock can be evaluated within a portfolio framework for weight and risk impact. All values are presented as reference data. Broader economic conditions can influence NeoVolta Common Stock's company valuation — related indicators include
signals in metropolitan statistical area.
NeoVolta Common Stock has current Value At Risk of
-8.98. 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)) |
| = | -8.98 | |
| ER[a] | = | Expected return on investing in NeoVolta Common |
| STD | = | Standard Deviation of NeoVolta Common |
| 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
NeoVolta Common Stock is rated
below average for value at risk across the peer group. It is currently under evaluation for maximum drawdown across the peer group .
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 NeoVolta Common to Peers
Other Technical Indicators