Unusual Whales Value At Risk
| GOP Etf | | | USD 37.70 -0.18 -0.48% |
Observed values used to calculate the Value At Risk technical indicator for Unusual Whales Subversive. Values may reflect normalized price or volume observations.
Unusual Whales Subversive 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 Unusual Whales |
| STD | = | Standard Deviation of Unusual Whales |
| 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
Unusual Whales Subversive is ranked
second 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.
Compare Unusual Whales to Peers
Other Technical Indicators