DeFiance Daily Value At Risk
| SOUX Etf | | | 15.41 -1.84 -10.67% |
This module presents the Value At Risk indicator for Defiance Daily Target using available market inputs. The indicator computation uses normalized market activity data. Exchange-specific data schedules may affect the recency of readings. For portfolio construction context, review
World Market Map. Clearer exposure analysis supports long-term portfolio balance. Allocation decisions are shaped by the composition and weighting of holdings. All values are presented as reference data. The holding in Defiance Daily Target represents an allocation. It is represented within the portfolio holdings. Position allocation is driven by the portfolio construction model. 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 persons.
Defiance Daily Target has current Value At Risk of
-13.62. 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)) |
| = | -13.62 | |
| ER[a] | = | Expected return on investing in DeFiance Daily |
| STD | = | Standard Deviation of DeFiance Daily |
| 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
Defiance Daily Target is rated
below average in value at risk compared to similar ETFs. It is currently under evaluation in maximum drawdown compared to similar 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 DeFiance Daily to Peers
Other Technical Indicators