Shopify Value At Risk vs. Kurtosis
| SHOP Stock | | | CAD 166.18 5.54 3.45% |
The this indicator signal for Shopify reflects patterns observed in trading data. All inputs are based on actual trading observations from supported exchanges. Shopify has a market cap of 210.47 B, operating margin of 20.29%, current ratio of 11.17.
World Market Map can help frame allocation decisions. Shopify can be evaluated within a portfolio framework for weight and risk impact. Position allocation is driven by the portfolio construction model in use. Broader economic conditions can influence Shopify's company valuation — related indicators include
signals in inflation.
Read more about Shopify Stock in our
How to Buy Shopify Stock guide. It covers account setup, order types, and timing considerations for Shopify. It serves as a practical starting point for Shopify Stock research.
Shopify has current Value At Risk of
-7.03. 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)) |
| = | -7.03 | |
| ER[a] | = | Expected return on investing in Shopify |
| STD | = | Standard Deviation of Shopify |
| 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
Shopify is rated
below average in value at risk compared to key competitors. It is currently under evaluation in kurtosis 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 Shopify to Peers
Other Technical Indicators