Tomra Systems Value At Risk
| TOM Stock | | | NOK 110.50 -0.80 -0.72% |
The Value At Risk indicator for Tomra Systems is constructed from normalized market data. Related indicator context is organized within
Equity Screeners. Tomra Systems has a market cap of 53.36 B, operating margin of 12.51%, current ratio of 3.06. Use
World Market Map to explore allocation context. Adding Tomra Systems ASA to a portfolio enables side-by-side comparison with other holdings. Allocation models determine the relative weighting of each position in the portfolio. Broader economic conditions can influence Tomra Systems ASA's company valuation — related indicators include
signals in inflation.
Tomra Systems ASA has current Value At Risk of
-3.26. 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)) |
| = | -3.26 | |
| ER[a] | = | Expected return on investing in Tomra Systems |
| STD | = | Standard Deviation of Tomra Systems |
| 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
Tomra Systems ASA is rated
below average for value at risk within its peer group. It is currently under evaluation for maximum drawdown within its 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.
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