Oppenheimer Russell Value At Risk
| OMFL Etf | | | USD 59.86 -0.89 -1.47% |
Technical inputs supporting the Value At Risk indicator for Oppenheimer Russell 1000 are shown here. The information is based on observed market data across timeframes.
Your Equity Center provides a view into diversified allocation design. Such insight adds context to allocation decisions within a diversified portfolio. Oppenheimer Russell 1000 can be evaluated within a portfolio framework for weight and risk impact. The information is presented without directional commentary. Broader economic conditions can influence Oppenheimer Russell 1000's etf valuation — related indicators include
signals in price.
Oppenheimer Russell 1000 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 | |
Value At Risk Peers Comparison
Value At Risk Relative To Other Indicators
Oppenheimer Russell 1000 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.
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