YieldMax Target Value At Risk
| BIGY Etf | | | USD 49.05 0.71 1.47% |
This module presents the Value At Risk indicator for YieldMax Target 12 using available market inputs. The underlying data comes from exchange-reported trading records. Review
Trending Equities for context on portfolio diversification. Portfolio construction reflects how positions are combined across holdings. A position in YieldMax Target 12 is indicated here. It is reflected in the overall portfolio structure. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as
signals in census.
YieldMax Target 12 has current Value At Risk of
-1.30. 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)) |
| = | -1.30 | |
| ER[a] | = | Expected return on investing in YieldMax Target |
| STD | = | Standard Deviation of YieldMax Target |
| 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
YieldMax Target 12 is rated
fourth in value at risk compared to similar ETFs. It is currently under evaluation in maximum drawdown compared to 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 YieldMax Target to Peers
Other Technical Indicators