Canopy Growth Value At Risk
| WEED Stock | | | CAD 1.54 -0.01 -0.65% |
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 Canopy Growth's current Value At Risk with peer comparisons and related risk metrics.
Current Value At Risk Value
Canopy Growth carries a Value At Risk of
-5.19, consistent with the estimated maximum daily loss at the given confidence level. This indicates substantial tail risk — there is approximately a 5% probability that Canopy Growth could lose more than
-5.19 in a single day.
Value At Risk | = | ER[a] x N | + | (Z-SCORE x STD x SQRT (N)) |
| = | -5.19 | |
| ER[a] | = | Expected return on investing in Canopy Growth |
| STD | = | Standard Deviation of Canopy Growth |
| N | = | Number of points for the period |
| Z-SCORE | = | Number of standard deviations above or below the mean |
Value At Risk Peers Comparison
Canopy Growth falls above the -5.63 peer average for Value At Risk. leads at 0.0 while TerrAscend Corp registers the lowest at -9.8901. Canopy Growth 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 Canopy Growth 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 Canopy Growth to PeersMethodology, Assumptions & Data Sources
Canopy Growth has a current Value At Risk reading of -5.19. The Value At Risk for Canopy Growth is produced by transforming raw price history into a standardized measure according to the indicator's defined methodology. The underlying data comes from exchange-reported daily closes with corporate action adjustments applied where relevant. The output reflects the selected calculation window — changing the horizon will produce different readings. This stock metric is provided for analytical reference.
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