First Trust Value At Risk
| FPE Etf | | | USD 18.00 0.02 0.11% |
Historical market data for First Trust Preferred forms the basis of the Value At Risk indicator shown here. The indicator computation uses normalized market activity data. Market data gaps can influence the computed indicator values. Cross-instrument Value At Risk comparisons are available via
Equity Screeners. For portfolio construction context, review
Investing Opportunities. Clearer exposure analysis supports long-term portfolio balance. This reflects a position in First Trust Preferred. It is distributed across the allocation. The allocation approach determines the relative weighting of each position. 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 employment.
First Trust Preferred has current Value At Risk of
-0.44. 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)) |
| = | -0.44 | |
| ER[a] | = | Expected return on investing in First Trust |
| STD | = | Standard Deviation of First Trust |
| 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
First Trust Preferred leads all etfs 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 First Trust to Peers
Other Technical Indicators