SavvyLong Expected Short fall

COMU Etf   25.91  0.00  0.00%   
The Expected Short fall indicator for SavvyLong is constructed from normalized market data. Values reflect historical observations within the available dataset.
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SavvyLong 2X CIBC has current Expected Short fall of -4.03. Expected shortfall (or ES) is a risk measure that evaluates the market risk of an equity instrument. It is an alternative to value at risk that is more sensitive to the shape of the loss distribution in the tail of the distribution. The expected shortfall at a particular level is the expected return on the portfolio in the worst percent of the cases. Expected shortfall is also called conditional value at risk (CVaR), average value at risk (AVaR), and expected tail loss (ETL).

Expected Shortfall

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Conditional VAR

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-4.03
VAR =   Value At Risk of SavvyLong

Expected Short fall Peers Comparison

Expected Short fall Relative To Other Indicators

SavvyLong 2X CIBC is rated below average in expected short fall against similar ETFs. It is currently under evaluation in maximum drawdown against similar ETFs .
ES evaluates the value (or risk) of an investment in a conservative way, focusing on the less profitable outcomes. For high values of it ignores the most profitable but unlikely possibilities, for small values of it focuses on the worst losses. On the other hand, unlike the discounted maximum loss even for lower values of expected shortfall does not consider only the single most catastrophic outcome. Expected shortfall is a coherent, and moreover a spectral, measure of financial portfolio risk. Compare SavvyLong to Peers

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