Tencent Holdings Value At Risk
| NNND Stock | | | EUR 61.42 1.03 1.71% |
This technical indicator view for Value At Risk organizes signals for Tencent Holdings and comparable instruments. Coverage varies by data normalization and availability; see
Equity Screeners for broader screening context. Tencent Holdings has a market cap of 590.32 B, operating margin of 32.95%, ROE of 19.83%. See
Correlation Analysis for portfolio-level analysis. This suggests a position in Tencent Holdings within the portfolio 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 services.
Tencent Holdings has current Value At Risk of
-2.71. 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)) |
| = | -2.71 | |
| ER[a] | = | Expected return on investing in Tencent Holdings |
| STD | = | Standard Deviation of Tencent Holdings |
| N | = | Number of points for the period |
| Z-SCORE | = | Number of standard deviations above or below the mean |
Tencent Holdings Value At Risk Peers Comparison
Tencent Value At Risk Relative To Other Indicators
Tencent Holdings ranks
third among stocks 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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