Direxion Shares Value At Risk
| AIBU Etf | | | 37.50 -1.27 -3.28% |
This module presents the Value At Risk indicator for Direxion Shares ETF using available market inputs. The underlying data comes from exchange-reported trading records. Coverage differences may occur across instruments and market segments.
Trending Equities provides context for diversified portfolio design. Refined allocation visibility enhances overall portfolio context. Portfolio balance depends on how holdings are weighted relative to each other. This content does not constitute investment advice or a recommendation. This captures an allocation to Direxion Shares ETF. It is represented within the portfolio holdings. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as
signals in bureau of labor statistics.
Direxion Shares ETF has current Value At Risk of
-5.63. 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)) |
| = | -5.63 | |
| ER[a] | = | Expected return on investing in Direxion Shares |
| STD | = | Standard Deviation of Direxion Shares |
| 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
Direxion Shares ETF is rated
below average in value at risk across the ETF category. It is currently under evaluation in maximum drawdown across the ETF category .
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 Direxion Shares to Peers
Other Technical Indicators