Erayak Power Value At Risk
| RAYA Stock | | | 0.70 -0.01 -1.41% |
The Value At Risk reading for Erayak Power Solution is computed from historical trading observations. Each data point is derived from standardized price and volume feeds. Erayak Power has a market cap of 2.51 M, operating margin of -7.22%, ROE of -2.16%.
Your Equity Center can help frame allocation decisions. The overview captures current portfolio composition. The data reflects holdings as of the most recent update. All values are based on available data and provided as reference information. This reflects a position in Erayak Power Solution. It is distributed across the allocation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in private.
Erayak Power Solution has current Value At Risk of
-13.04. 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)) |
| = | -13.04 | |
| ER[a] | = | Expected return on investing in Erayak Power |
| STD | = | Standard Deviation of Erayak Power |
| 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
Erayak Power Solution is rated
below average in value at risk among leading competitors. It is currently under evaluation in maximum drawdown among leading 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.
Compare Erayak Power to Peers
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