Pacer BlueStar Value At Risk
| ODDS Etf | | | USD 24.11 -0.05 -0.21% |
Historical market data for Pacer BlueStar Digital forms the basis of the Value At Risk indicator shown here. Related indicator context is organized within
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Your Equity Center provides context for diversified portfolio construction. The overall portfolio profile is shaped by the distribution of its holdings. Tracking Pacer BlueStar Digital in a portfolio provides context for performance attribution. All values are presented as reference data. Broader economic conditions can influence Pacer BlueStar Digital's etf valuation — related indicators include
signals in unemployment.
Pacer BlueStar Digital has current Value At Risk of
-2.64. 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)) |
| = | -2.64 | |
| ER[a] | = | Expected return on investing in Pacer BlueStar |
| STD | = | Standard Deviation of Pacer BlueStar |
| 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
Pacer BlueStar Digital 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.
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