Hamilton Gold Value At Risk
| AMAX Etf | | | 32.43 -1.19 -3.54% |
Observed values used in the Value At Risk indicator for Hamilton Gold Producer are included in this dataset. The information is based on observed market data across timeframes.
Trending Equities provides a view into diversified allocation design. Understanding allocation structure supports portfolio context. Diversification context is built from the relationships between portfolio holdings. The holding in Hamilton Gold Producer represents an allocation. This is situated within the portfolio mix. The weighting is determined by the allocation framework in use. All content is derived from available inputs and carries no advisory implication. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as
signals in inflation.
Hamilton Gold Producer has current Value At Risk of
-5.97. 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)) |
| = | -5.97 | |
| ER[a] | = | Expected return on investing in Hamilton Gold |
| STD | = | Standard Deviation of Hamilton Gold |
| 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
Hamilton Gold Producer is rated
below average in value at risk against similar ETFs. It is currently under evaluation in maximum drawdown against similar ETFs .
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 Hamilton Gold to Peers
Other Technical Indicators