Innovator Growth Value At Risk
| QTJL Etf | | | USD 38.43 -0.61 -1.56% |
This dataset for Innovator Growth Accelerated reflects inputs used in the Value At Risk calculation. Values are derived from historical price and volume observations. Data coverage may vary across sources and reporting intervals. This dataset is part of a broader indicator framework including
Equity Screeners. Diversification context is available through
Your Equity Center. Diversification context helps frame allocation across holdings. This includes a position in Innovator Growth Accelerated. The allocation reflects this within the position set. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
Innovator Growth Accelerated has current Value At Risk of
-1.24. 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)) |
| = | -1.24 | |
| ER[a] | = | Expected return on investing in Innovator Growth |
| STD | = | Standard Deviation of Innovator Growth |
| 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
Innovator Growth Accelerated 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 Innovator Growth to Peers
Other Technical Indicators