Ringcentral Value At Risk
| RNG Stock | | | USD 36.71 -1.93 -4.99% |
The Value At Risk reading for Ringcentral is computed from historical trading observations. Indicator reliability depends on the continuity of available trading data. Ringcentral has a market cap of 3.31 B, operating margin of 6.83%, current ratio of 1.19. See
Your Equity Center for portfolio-level analysis. Ringcentral can be added to a watchlist or portfolio for position tracking. Position allocation is driven by the portfolio construction model in use. Broader economic conditions can influence Ringcentral's company valuation — related indicators include
signals in inflation.
For information on how to trade Ringcentral Stock refer to our
How to Invest in Ringcentral guide. It explains the process for buying and trading Ringcentral Stock effectively.
Ringcentral has current Value At Risk of
-5.31. 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)) |
| = | -5.31 | |
| ER[a] | = | Expected return on investing in Ringcentral |
| STD | = | Standard Deviation of Ringcentral |
| 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
Ringcentral 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.
Compare Ringcentral to Peers
Other Technical Indicators