CVS Health Value At Risk

CVS -- USA Stock  

USD 74.09  0.75  1.02%

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CVS Health Corporation has current Value At Risk of (3.86). Value At Risk (or VAR) is 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.
CVS Health 
Value At Risk 
 = 
ER[a] x N 
+  
(Z-SCORE x STD x SQRT (N)) 
 = 
(3.86)
ER[a] =   Expected return on investing in CVS Health
STD =   Standard Deviation of CVS Health
N =   Number of points for the period
Z-SCORE =   Number of standard deviations above or below the mean

Value At Risk Comparison

CVS Health Corporation is rated below average in value at risk category among related companies. It is rated fifth in maximum drawdown category among related companies .
Value At Risk is used by risk managers in order to measure and control the level of risk which the firm undertakes. The risk manager job is to ensure that risks are not taken beyond the level at which the firm can absorb the losses of a probable worst outcome. VAR can be defined as the loss level that will not be exceeded with a certain confidence level during a certain period of time.
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