Bitwise Funds Value At Risk
| IMRA Etf | | | USD 14.24 0.72 5.33% |
The Value At Risk reading for Bitwise Funds Trust is computed from historical trading observations. Extended technical indicator views are accessible through
Equity Screeners. Bitwise Funds has a market cap of 149.8 M, ROE of 1.69%.
Risk vs Return Analysis adds portfolio-level perspective. The allocation includes a position in Bitwise Funds Trust. The weighting is determined by the allocation framework in use. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as
signals in main economic indicators.
Bitwise Funds Trust has current Value At Risk of
-6.50. 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)) |
| = | -6.50 | |
| ER[a] | = | Expected return on investing in Bitwise Funds |
| STD | = | Standard Deviation of Bitwise Funds |
| 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
Bitwise Funds Trust is rated
below average in value at risk compared to similar ETFs. It is currently under evaluation in maximum drawdown compared to 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.
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