Global X Value At Risk
| HXEM Etf | | | CAD 48.08 -1.84 -3.69% |
The Value At Risk indicator for Global X is constructed from normalized market data. The depth of trading history affects the precision of the indicator.
Risk vs Return Analysis provides context for diversified portfolio design. Diversification analysis considers the interaction of positions within a portfolio. The holding in Global X Emerging represents an allocation. This is situated within the portfolio 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 inflation.
Global X Emerging has current Value At Risk of
-2.40. 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)) |
| = | -2.40 | |
| ER[a] | = | Expected return on investing in Global X |
| STD | = | Standard Deviation of Global X |
| 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
Global X Emerging is rated
below average 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 Global X to Peers
Other Technical Indicators