Which of the following variables are NOT considered in Judgmental Valuation?

In the context of Judgmental Valuation, market share is not typically considered a variable. Judgmental Valuation generally focuses on assessing value through subjective criteria rather than quantitative metrics. This involves utilizing historical perspectives, financial losses, and environmental factors as they provide useful insights and context that can influence decision-making and valuation assessments.

Historical perspectives allow valuators to examine past trends and performance, thereby enabling a more informed judgment. Financial loss serves as a key variable as it directly reflects potential future impacts and risks, influencing how the value is assessed. Environmental factors, including the regulatory landscape and industry conditions, also play a critical role in shaping perceptions of value.

Market share, while important in market analysis and competitive positioning, tends to be more concrete and quantifiable than the subjective factors considered in Judgmental Valuation. Therefore, it is less aligned with the subjective decision-making process characteristic of this valuation approach.