Surge Energy Value At Risk
| SGY Stock | | | CAD 8.70 0.03 0.35% |
This module presents the Value At Risk indicator for Surge Energy using available market inputs. Coverage differences may occur across instruments and market segments. Surge Energy has a market cap of 859.92 M, operating margin of -9.42%, current ratio of 0.39. Use
World Market Map to explore allocation context. Tracking Surge Energy in a portfolio provides context for performance attribution. The relative size of each holding follows the selected allocation framework. Broader economic conditions can influence Surge Energy's company valuation — related indicators include
signals in state.
Surge Energy has current Value At Risk of
-3.27. 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)) |
| = | -3.27 | |
| ER[a] | = | Expected return on investing in Surge Energy |
| STD | = | Standard Deviation of Surge Energy |
| 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
Surge Energy is rated
below average in value at risk compared to key competitors. It is currently under evaluation in maximum drawdown compared to key 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 Surge Energy to Peers
Other Technical Indicators