21Shares Bitcoin Value At Risk
| ABBA Etf | | | CHF 21.05 -0.42 -1.96% |
Observed values used to calculate the Value At Risk technical indicator for 21Shares Bitcoin Suisse. Indicator inputs depend on available historical price observations.
21Shares Bitcoin Suisse has current Value At Risk of
-5.28. 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.
Value At Risk | = | ER[a] x N | + | (Z-SCORE x STD x SQRT (N)) |
| = | -5.28 | |
| ER[a] | = | Expected return on investing in 21Shares Bitcoin |
| STD | = | Standard Deviation of 21Shares Bitcoin |
| N | = | Number of points for the period |
| Z-SCORE | = | Number of standard deviations above or below the mean |
Value At Risk Peers Comparison
Value At Risk Relative To Other Indicators
21Shares Bitcoin Suisse falls in the
fourth position for value at risk relative to ETF peers. It is rated
below average for maximum drawdown relative to ETF peers .
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.
Compare 21Shares Bitcoin to Peers
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