ResMed Value At Risk
| RMD Stock | | | USD 228.25 0.06 0.03% |
The Value At Risk reading for ResMed Inc is computed from historical trading observations. Indicator reliability depends on the continuity of available trading data. ResMed has a market cap of 33.28 B, operating margin of 35.16%, current ratio of 2.8. See
Your Equity Center for portfolio-level analysis. Adding ResMed Inc to a portfolio enables side-by-side comparison with other holdings. The information is presented without directional commentary. Broader economic conditions can influence ResMed Inc's company valuation — related indicators include
signals in state.
ResMed Inc has current Value At Risk of
-3.22. 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)) |
| = | -3.22 | |
| ER[a] | = | Expected return on investing in ResMed |
| STD | = | Standard Deviation of ResMed |
| 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
ResMed Inc is rated
below average for value at risk relative to top peers. It is currently under evaluation for maximum drawdown relative to top peers .
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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