John Hancock Value At Risk
| JHID Etf | | | 39.20 -1.01 -2.51% |
This module presents the Value At Risk indicator for John Hancock Exchange Traded using available market inputs. The underlying data comes from exchange-reported trading records. Coverage differences may occur across instruments and market segments. Diversification context is available through
Risk vs Return Analysis. Allocation context can improve visibility into portfolio balance. This includes a position in John Hancock Exchange Traded. The allocation reflects this within the position set. 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 gross domestic product.
John Hancock Exchange Traded has current Value At Risk of
-1.60. 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)) |
| = | -1.60 | |
| ER[a] | = | Expected return on investing in John Hancock |
| STD | = | Standard Deviation of John Hancock |
| 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
John Hancock Exchange Traded holds the
#5 position for value at risk among peer ETFs. It is currently under evaluation for maximum drawdown among peer 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 John Hancock to Peers
Other Technical Indicators