VanEck TRON Value At Risk
| VTRX Etf | | | 31.70 2.39 8.15% |
Reference data associated with the Value At Risk technical indicator for VanEck TRON ETN. Indicator values reflect available price and volume data where applicable.
VanEck TRON ETN has current Value At Risk of
-2.17. 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)) |
| = | -2.17 | |
| ER[a] | = | Expected return on investing in VanEck TRON |
| STD | = | Standard Deviation of VanEck TRON |
| 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 TRON ETN is rated
below average in value at risk across the ETF category. It maintains a
second standing 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 TRON to Peers
Other Technical Indicators