Norwegian Air Value At Risk
| NWARF Stock | | | USD 1.50 -0.10 -6.25% |
The Value At Risk signal for Norwegian Air Shuttle reflects patterns observed in trading data. Indicator reliability depends on the continuity of available trading data. Norwegian Air has a market cap of 920.03 M, operating margin of -9.44%, current ratio of 1.21. See
Correlation Analysis for additional portfolio context. Including Norwegian Air Shuttle in a portfolio enables allocation and risk analysis. The sizing of each position reflects the chosen allocation strategy. Broader economic conditions can influence Norwegian Air Shuttle's company valuation — related indicators include
signals in real.
Norwegian Air Shuttle has current Value At Risk of
-6.25. 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)) |
| = | -6.25 | |
| ER[a] | = | Expected return on investing in Norwegian Air |
| STD | = | Standard Deviation of Norwegian Air |
| 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
Norwegian Air Shuttle 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.
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