SP Funds Value At Risk
| SPTE Etf | | | 34.65 0.03 0.09% |
The Value At Risk calculation for SP Funds draws on price and volume history. All inputs are based on actual trading observations from supported exchanges. Review
World Market Map for context on portfolio diversification. Portfolio-level transparency adds depth to allocation analysis. This suggests a position in SP Funds Trust. Position weights are derived from the portfolio construction methodology. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as
signals in population.
SP Funds Trust has current Value At Risk of
-2.25. 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)) |
| = | -2.25 | |
| ER[a] | = | Expected return on investing in SP Funds |
| STD | = | Standard Deviation of SP Funds |
| 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
SP Funds Trust is rated
below average for value at risk among peer ETFs. It is currently under evaluation for maximum drawdown among peer 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 SP Funds to Peers
Other Technical Indicators