Columbia Seligman Value At Risk
| STK Etf | | | USD 39.64 -0.05 -0.13% |
Observed values used to calculate the Value At Risk technical indicator for Columbia Seligman Premium. Indicator inputs depend on available historical price observations.
Columbia Seligman Premium has current Value At Risk of
-2.20. 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)) |
| = | -2.20 | |
| ER[a] | = | Expected return on investing in Columbia Seligman |
| STD | = | Standard Deviation of Columbia Seligman |
| 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
Columbia Seligman Premium 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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