Perseus Mining Value At Risk
| PRU Stock | | | CAD 5.44 0.19 3.62% |
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 Perseus Mining's current Value At Risk with peer comparisons and related risk metrics.
Current Value At Risk Value
At
-4.86, Perseus Mining's Value At Risk indicates the estimated maximum daily loss at the given confidence level. There is approximately a 5% probability that Perseus Mining could lose more than
-4.86 in a single day under normal market conditions.
Value At Risk | = | ER[a] x N | + | (Z-SCORE x STD x SQRT (N)) |
| = | -4.86 | |
| ER[a] | = | Expected return on investing in Perseus Mining |
| STD | = | Standard Deviation of Perseus Mining |
| N | = | Number of points for the period |
| Z-SCORE | = | Number of standard deviations above or below the mean |
Value At Risk Peers Comparison
Relative to peers, Perseus Mining's Value At Risk is above the group average of -7.29. Peer readings range from -10.6022 (NovaGold Resources) to 0.0 (), reflecting tight clustering across the sector. Perseus Mining 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 Perseus Mining 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 Perseus Mining to PeersMethodology, Assumptions & Data Sources
Perseus Mining's Value At Risk currently stands at -4.86. This Value At Risk reading for Perseus Mining results from applying the indicator's calculation rules to price and volume data over the selected window. Price data is sourced from standardized end-of-day feeds across supported exchanges, normalized for corporate actions. Perseus Mining 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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