Skeena Resources Value At Risk
| SKE Stock | | | USD 27.12 0.85 3.24% |
The Value At Risk calculation for Skeena Resources draws on price and volume history. Each data point is derived from standardized price and volume feeds. Skeena Resources has a market cap of 3.18 B, current ratio of 2.23. Portfolio-level context is available through
World Market Map. Skeena Resources can be evaluated within a portfolio framework for weight and risk impact. All metrics are derived from available inputs and shown for reference. Broader economic conditions can influence Skeena Resources's company valuation — related indicators include
signals in industry.
For background on Skeena Stock, review our
How to Trade Skeena Stock resource. This guide walks you through the practical steps for investing in Skeena Resources.
Skeena Resources has current Value At Risk of
-6.52. 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)) |
| = | -6.52 | |
| ER[a] | = | Expected return on investing in Skeena Resources |
| STD | = | Standard Deviation of Skeena Resources |
| 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
Skeena Resources holds the
#5 position 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.
Compare Skeena Resources to Peers
Other Technical Indicators