ETRACS Monthly Value At Risk
| MVRL Etf | | | USD 12.67 -0.96 -7.04% |
This module presents the Value At Risk indicator for ETRACS Monthly Pay using available market inputs. The underlying data comes from exchange-reported trading records. Coverage differences may occur across instruments and market segments.
Correlation Analysis provides context for diversified portfolio design. Refined allocation visibility enhances overall portfolio context. Portfolio balance depends on how holdings are weighted relative to each other. All values are based on available data and provided as reference information. The portfolio reflects a holding in ETRACS Monthly Pay. The weighting is visible within the allocation breakdown. The relative size of each holding follows the allocation framework. This information is provided for contextual purposes. 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.
ETRACS Monthly Pay has current Value At Risk of
-3.20. 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)) |
| = | -3.20 | |
| ER[a] | = | Expected return on investing in ETRACS Monthly |
| STD | = | Standard Deviation of ETRACS Monthly |
| 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
ETRACS Monthly Pay is rated
below average for value at risk within its ETF group. It is currently under evaluation for maximum drawdown within its ETF group .
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 ETRACS Monthly to Peers
Other Technical Indicators