Kinross Gold Value At Risk
| K Stock | | | CAD 41.62 -0.38 -0.90% |
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. Below is Kinross Gold's current Value At Risk with peer comparisons and related risk metrics.
Current Value At Risk Value
At
-6.61, Kinross Gold's Value At Risk indicates the estimated maximum daily loss at the given confidence level. This indicates substantial tail risk — there is approximately a 5% probability that Kinross Gold could lose more than
-6.61 in a single day.
Value At Risk | = | ER[a] x N | + | (Z-SCORE x STD x SQRT (N)) |
| = | -6.61 | |
| ER[a] | = | Expected return on investing in Kinross Gold |
| STD | = | Standard Deviation of Kinross Gold |
| N | = | Number of points for the period |
| Z-SCORE | = | Number of standard deviations above or below the mean |
Value At Risk Peers Comparison
Kinross Gold falls below the -5.6 peer average for Value At Risk. leads at 0.0 while Alamos Gold registers the lowest at -6.8642. Kinross Gold carries lower tail risk than the peer average at the given confidence level.
Value At Risk Relative To Other Indicators
The chart below plots Value At Risk against Maximum Drawdown for Kinross Gold and its peers. Each point represents one equity — position along the horizontal axis shows Value At Risk while the vertical axis shows Maximum Drawdown. Equities that cluster in different quadrants carry distinct risk-return profiles. Use the dropdowns to swap in other indicators for either axis.
Compare Kinross Gold to PeersMethodology, Assumptions & Data Sources
The current Value At Risk for Kinross Gold is -6.61. The Value At Risk for Kinross Gold is produced by transforming raw price history into a standardized measure according to the indicator's defined methodology. All inputs are based on exchange-reported closing prices, with adjustments for stock splits, dividends, and other corporate actions. Kinross Gold operates in the basic materials sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. Results are based on historical returns and do not predict future performance. This indicator is provided for informational purposes.
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