New HopeLtd Value At Risk
| NHPEF Stock | | | USD 4.10 0.15 3.80% |
The Value At Risk indicator for New Hope is derived from observed market data. The dataset is based on observed market activity where data is available. New HopeLtd has a market cap of 3.33 B, operating margin of 56.1%, ROE of 48.4%. See
Correlation Analysis for portfolio-level analysis. Allocation data is presented for contextual reference. Portfolio metrics are derived from available position data. A position in New Hope is indicated here. It is reflected in the overall portfolio structure. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in unemployment.
New Hope has current Value At Risk of
-4.21. 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)) |
| = | -4.21 | |
| ER[a] | = | Expected return on investing in New HopeLtd |
| STD | = | Standard Deviation of New HopeLtd |
| 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
New Hope 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.
Compare New HopeLtd to Peers
Other Technical Indicators