Northern Lights Value At Risk
| MBCC ETF | | | USD 33.67 -1.19 -3.41% |
The Value At Risk reading for Northern Lights is computed from historical trading observations. Extended technical indicator views are accessible through
Equity Screeners.
Correlation Analysis provides a view into diversified allocation design. The dataset reflects available inputs without directional implication. Tracking Northern Lights in a portfolio helps measure its contribution to overall performance. Position sizing depends on the allocation methodology selected for the portfolio. Broader economic conditions can influence Northern Lights's ETF valuation — related indicators include
signals in housing.
Northern Lights has current Value At Risk of
-1.56. 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)) |
| = | -1.56 | |
| ER[a] | = | Expected return on investing in Northern Lights |
| STD | = | Standard Deviation of Northern Lights |
| 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
Northern Lights 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 Northern Lights to Peers
Other Technical Indicators