Sparx Technology Value At Risk
| SPRX Stock | | | 37.58 -2.06 -5.20% |
The Value At Risk profile for Sparx Technology is based on historical price and volume observations. Related screening structures are referenced through
Equity Screeners. Sparx Technology has a market cap of 365.51 K, operating margin of -1.65%.
World Market Map adds portfolio-level perspective. Tracking Sparx Technology in a portfolio provides context for performance attribution. Sector and industry exposure becomes visible in the portfolio breakdown. Broader economic conditions can influence Sparx Technology's company valuation — related indicators include
signals in services.
Sparx Technology has current Value At Risk of
-5.17. 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)) |
| = | -5.17 | |
| ER[a] | = | Expected return on investing in Sparx Technology |
| STD | = | Standard Deviation of Sparx Technology |
| 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
Sparx Technology is rated
below average for value at risk across the peer group. It is currently under evaluation for maximum drawdown across the peer group .
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 Sparx Technology to Peers
Other Technical Indicators