First Trust Value At Risk
| FXR ETF | | | USD 80.23 -0.95 -1.17% |
The Value At Risk profile for First Trust IndustrialsProducer is based on historical price and volume observations. Related screening structures are referenced through
Equity Screeners. Diversification context is available through
Investing Opportunities. Diversified allocation aims to distribute exposure across multiple positions. Tracking First Trust IndustrialsProducer in a portfolio provides context for performance attribution. Sector and industry exposure becomes visible in the portfolio breakdown. Broader economic conditions can influence First Trust IndustrialsProducer's ETF valuation — related indicators include
signals in services.
First Trust IndustrialsProducer has current Value At Risk of
-2.26. 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)) |
| = | -2.26 | |
| 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 IndustrialsProducer is rated
below average for value at risk among related ETFs. It is currently under evaluation for maximum drawdown among related 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.
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