Pacer American Value At Risk
| USAI Etf | | | USD 47.11 0.60 1.29% |
This module presents the Value At Risk indicator for Pacer American Energy using available market inputs. The indicator computation uses normalized market activity data. Portfolio design and allocation context appear in
World Market Map. The view supports a broader understanding of portfolio structure. Portfolio balance depends on how holdings are weighted relative to each other. All content is derived from available inputs and carries no advisory implication. A position in Pacer American Energy is part of the allocation. This appears in the portfolio view. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as
signals in nation.
Pacer American Energy has current Value At Risk of
-0.91. 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)) |
| = | -0.91 | |
| ER[a] | = | Expected return on investing in Pacer American |
| STD | = | Standard Deviation of Pacer American |
| 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
Pacer American Energy places
second for value at risk across ETF peers. It is currently under evaluation for maximum drawdown across ETF peers .
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 Pacer American to Peers
Other Technical Indicators