Novus Robotics Value At Risk
| NRBT Stock | | | USD 0.03 0.00 0.00% |
Historical market data for Novus Robotics forms the basis of the Value At Risk indicator shown here. The calculation draws on time-series market data across available periods. Coverage may vary depending on data availability and normalization methods. Novus Robotics has a market cap of 10.44 M, operating margin of 1.28%, ROE of 3.63%. Allocation context is available in
Correlation Analysis. The portfolio view reflects current allocation structure. The data reflects holdings as of the most recent update. The information is presented without directional commentary. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of labor statistics.
Novus Robotics has current Value At Risk of
-22.19. 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)) |
| = | -22.19 | |
| ER[a] | = | Expected return on investing in Novus Robotics |
| STD | = | Standard Deviation of Novus Robotics |
| 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
Novus Robotics is rated
below average in value at risk relative to competitors. It is currently under evaluation in maximum drawdown relative to competitors .
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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