Sphere Entertainment Value At Risk
| SPHR Stock | | | 133.33 -3.40 -2.49% |
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 Sphere Entertainment's current Value At Risk with peer comparisons and related risk metrics.
Current Value At Risk Value
With Value At Risk at
-4.83, Sphere Entertainment shows the estimated maximum daily loss at the given confidence level. There is approximately a 5% probability that Sphere Entertainment could lose more than
-4.83 in a single day under normal market conditions.
Value At Risk | = | ER[a] x N | + | (Z-SCORE x STD x SQRT (N)) |
| = | -4.83 | |
Value At Risk Peers Comparison
The peer group averages -4.12 for Value At Risk, with Sphere Entertainment at -4.8281 falling below that level. Readings span -8.0842 (Cogent Communications Group) to 0.0 (). Sphere Entertainment 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 Sphere Entertainment 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 Sphere Entertainment to PeersMethodology, Assumptions & Data Sources
Sphere Entertainment has a current Value At Risk reading of -4.83. This Value At Risk reading for Sphere Entertainment results from applying the indicator's calculation rules to price and volume data over the selected window. The underlying data comes from exchange-reported daily closes with corporate action adjustments applied where relevant. Sphere Entertainment operates in the communication services 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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