Invesco Exchange Value At Risk

KLMT Etf   29.79  0.00  0.00%   
The Value At Risk signal for Invesco Exchange Traded reflects patterns observed in trading data. Indicator reliability depends on the continuity of available trading data. Diversification context is available through Correlation Analysis. Diversification context helps frame allocation across holdings. The portfolio reflects a holding in Invesco Exchange Traded. The weighting is visible within the allocation breakdown. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in state.
Invesco Exchange Traded has current Value At Risk of -1.77. 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))

 = 
-1.77
ER[a] = Expected return on investing in Invesco Exchange
STD =   Standard Deviation of Invesco Exchange
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

Invesco Exchange Traded is rated below average in value at risk across the ETF category. It is currently under evaluation in maximum drawdown across the ETF category .
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 Invesco Exchange to Peers

Other Technical Indicators