Siyata Mobile Value At Risk
| SYTADelisted Stock | | | USD 12.28 -0.40 -3.15% |
The Value At Risk indicator for Siyata Mobile is derived from observed market data. Broader indicator relationships are reflected within
Equity Screeners. Siyata Mobile has a market cap of 38.03 M, operating margin of -1.61%, ROE of -1.92%. Review
World Market Map for a broader allocation view. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in population.
Siyata Mobile has current Value At Risk of
-8.27. 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)) |
| = | -8.27 | |
| ER[a] | = | Expected return on investing in Siyata Mobile |
| STD | = | Standard Deviation of Siyata Mobile |
| 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
Siyata Mobile is rated
fifth in value at risk among leading competitors. It is currently under evaluation in maximum drawdown among leading 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.
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