Mayville Engineering Value At Risk
| MEC Stock | | | USD 27.10 -0.10 -0.37% |
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 Mayville Engineering's current Value At Risk with peer comparisons and related risk metrics.
Current Value At Risk Value
Mayville Engineering has a Value At Risk of
-3.63, indicating the estimated maximum daily loss at the given confidence level. There is approximately a 5% probability that Mayville Engineering could lose more than
-3.63 in a single day under normal market conditions.
Value At Risk | = | ER[a] x N | + | (Z-SCORE x STD x SQRT (N)) |
| = | -3.63 | |
Value At Risk Peers Comparison
Among sector peers, Mayville Engineering's Value At Risk of -3.6299 is above the -5.55 group average. The range runs from -10.2389 (Jeld Wen Holding) to 0.0 (). Mayville Engineering carries higher 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 Mayville Engineering 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 Mayville Engineering to PeersMethodology, Assumptions & Data Sources
Mayville Engineering's Value At Risk currently stands at -3.63. Value At Risk for Mayville Engineering is derived by applying a defined formula to historical price observations, producing a time-series of comparable readings. Inputs are drawn from end-of-day closing prices reported by supported exchanges, adjusted for splits and dividends where applicable. Mayville Engineering operates in the industrials 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.
Other Technical Indicators