Zurn Elkay Value At Risk
| ZWS Stock | | | USD 52.47 -0.29 -0.55% |
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 Zurn Elkay's current Value At Risk with peer comparisons and related risk metrics.
Current Value At Risk Value
Zurn Elkay carries a Value At Risk of
-2.45, consistent with the estimated maximum daily loss at the given confidence level. There is approximately a 5% probability that Zurn Elkay could lose more than
-2.45 in a single day under normal market conditions.
Value At Risk | = | ER[a] x N | + | (Z-SCORE x STD x SQRT (N)) |
| = | -2.45 | |
| ER[a] | = | Expected return on investing in Zurn Elkay |
| STD | = | Standard Deviation of Zurn Elkay |
| 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, Zurn Elkay's Value At Risk is above the group average of -4.34. Peer readings range from -6.7826 (IES Holdings) to 0.0 (), reflecting tight clustering across the sector. Zurn Elkay 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 Zurn Elkay 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 Zurn Elkay to PeersMethodology, Assumptions & Data Sources
The current Value At Risk for Zurn Elkay is -2.45. The Value At Risk for Zurn Elkay applies a standardized calculation to daily closing prices and, where applicable, volume data across the selected period. Inputs are drawn from end-of-day closing prices reported by supported exchanges, adjusted for splits and dividends where applicable. Zurn Elkay operates in the industrials sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. The calculation assumes continuous price data across the selected period. All readings are presented as reference data.
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