2023 ETF Value At Risk

GMOI Etf   35.32  -0.38  -1.06%   
This technical indicator view for Value At Risk organizes signals for The 2023 ETF and comparable instruments. Data availability can vary by region and feed; Equity Screeners provides broader screening access. Review Risk vs Return Analysis to understand diversified portfolio construction. Broader allocation clarity strengthens diversification analysis. This suggests a position in The 2023 ETF inside the allocation mix. 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.
The 2023 ETF has current Value At Risk of -1.41. 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))

 = 
-1.41
ER[a] = Expected return on investing in 2023 ETF
STD =   Standard Deviation of 2023 ETF
N = Number of points for the period
Z-SCORE = Number of standard deviations above or below the mean

2023 ETF Value At Risk Peers Comparison

2023 Value At Risk Relative To Other Indicators

The 2023 ETF places fifth for value at risk across ETF peers. It is currently under evaluation for maximum drawdown across ETF peers .
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 2023 ETF to Peers

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