VanEck European Value At Risk
| TEET Etf | | | EUR 84.52 -1.49 -1.73% |
The Value At Risk reading for VanEck European Equal is computed from historical trading observations. Values reflect historical observations within the available dataset. Normalization methods and data feeds may affect reported values. Diversification context is available through
World Market Map. Diversification context helps frame allocation across holdings. The allocation shows a weighting toward VanEck European Equal. The position is captured in the allocation summary. Each holding is sized according to the methodology applied to the portfolio. The dataset reflects available inputs without directional implication. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as
signals in inflation.
VanEck European Equal has current Value At Risk of
-1.52. 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)) |
| = | -1.52 | |
| ER[a] | = | Expected return on investing in VanEck European |
| STD | = | Standard Deviation of VanEck European |
| 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
VanEck European Equal maintains a
fifth standing in value at risk across the ETF category. It is currently under evaluation in maximum drawdown across the ETF category .
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 VanEck European to Peers
Other Technical Indicators