IShares Currency Value At Risk
| HEEM Etf | | | USD 36.09 -0.96 -2.59% |
This module presents the Value At Risk indicator for iShares Currency Hedged using available market inputs. The indicator computation uses normalized market activity data. Exchange-specific data schedules may affect the recency of readings. The
Equity Screeners framework provides wider technical analysis context. IShares Currency has a market cap of 212.29 M. See
Risk vs Return Analysis for portfolio-level analysis. Portfolio positioning is summarized for reference. Position-level data supports the allocation summary. The allocation shows a weighting toward iShares Currency Hedged. The position is captured in the allocation summary. Each holding is sized according to the methodology applied to the portfolio. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as
signals in unemployment.
iShares Currency Hedged has current Value At Risk of
-1.65. 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)) |
| = | -1.65 | |
| ER[a] | = | Expected return on investing in IShares Currency |
| STD | = | Standard Deviation of IShares Currency |
| 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
iShares Currency Hedged lands at
#4 in value at risk against similar ETFs. It is currently under evaluation in maximum drawdown against similar 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 IShares Currency to Peers
Other Technical Indicators