Direxion Daily Value At Risk
Observed values used in the Value At Risk indicator for Direxion Daily AMZN are included in this dataset. Data coverage may vary across sources and reporting intervals.
Review
Trending Equities to understand diversified portfolio construction. Diversified allocation aims to distribute exposure across multiple positions. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as various price indices.
Direxion Daily AMZN has current Value At Risk of 0. 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)) |
| = | 0 | |
| ER[a] | = | Expected return on investing in Direxion Daily |
| STD | = | Standard Deviation of Direxion Daily |
| 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 Daily AMZN holds the
#5 position for value at risk among peer ETFs. It is currently under evaluation for maximum drawdown among peer 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 Direxion Daily to Peers
Other Technical Indicators