Direxion Shares Expected Short fall
| TSLS Etf | | | USD 59.72 -1.78 -2.89% |
This module presents the Expected Short fall indicator for Direxion Shares ETF using available market inputs. The
Equity Screeners framework provides wider technical analysis context.
World Market Map frames the approach to diversified portfolio design. Allocation structure reflects how positions are distributed across the portfolio. This suggests a position in Direxion Shares ETF. The position sits inside the allocation mix. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Direxion Shares ETF has current Expected Short fall of
-2.04. Expected shortfall (or ES) is a risk measure that evaluates the market risk of an equity instrument. It is an alternative to value at risk that is more sensitive to the shape of the loss distribution in the tail of the distribution. The expected shortfall at a particular level is the expected return on the portfolio in the worst percent of the cases. Expected shortfall is also called conditional value at risk (CVaR), average value at risk (AVaR), and expected tail loss (ETL).
Expected Shortfall | = | Conditional VAR |
| = | -2.04 | |
Expected Short fall Peers Comparison
Expected Short fall Relative To Other Indicators
Direxion Shares ETF is rated
below average in expected short fall across the ETF category. It is currently under evaluation in maximum drawdown across the ETF category .
ES evaluates the value (or risk) of an investment in a conservative way, focusing on the less profitable outcomes. For high values of it ignores the most profitable but unlikely possibilities, for small values of it focuses on the worst losses. On the other hand, unlike the discounted maximum loss even for lower values of expected shortfall does not consider only the single most catastrophic outcome. Expected shortfall is a coherent, and moreover a spectral, measure of financial portfolio risk.
Compare Direxion Shares to Peers
Other Technical Indicators