# Quantitative Risk Profile: PANW
**Period**: 276 trading days (~1 year) | **Reference Investment**: $100,000

## Value at Risk (Historical Simulation)

| Metric | 95% Confidence | 99% Confidence |
|--------|:--------------:|:--------------:|
| Daily VaR | 4.17% | 6.82% |
| Daily VaR ($) | $4,170 | $6,820 |

**CVaR (Expected Shortfall) at 95%**: 5.84% ($5,840)
_If losses exceed VaR, the expected average loss is this amount._

## Risk-Adjusted Returns

| Metric | Value |
|--------|------:|
| Annualized Return | 74.36% |
| Annualized Volatility | 41.28% |
| **Sharpe Ratio** | **1.7** |
| **Sortino Ratio** | **1.754** |
| Downside Volatility | 40.01% |

_Interpretation: Good risk-adjusted returns_

## Maximum Drawdown

| Metric | Value |
|--------|------:|
| **Max Drawdown** | **-36.01%** |
| Peak → Trough | $221.38 → $141.67 |
| Duration | 80 trading days |
| Recovery | Yes (55 days) |
| Current Drawdown | -2.96% |
| Significant DD Events (>5%) | 6 |

**Risk Level**: VERY HIGH — severe drawdown, potential capital destruction

## Overall Risk Score: ███████░░░ 7/10