Absolute Shares Value At Risk
| WBIY Etf | | | USD 33.52 -0.33 -0.97% |
The Value At Risk technical lookup provides context for Absolute Shares Trust and related instruments. Coverage varies by data normalization and availability; see
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Your Current Watchlist provides context for diversified portfolio construction. Such insight adds context to allocation decisions within a diversified portfolio. This reflects a position in Absolute Shares Trust within the portfolio 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 gross domestic product.
Absolute Shares Trust has current Value At Risk of
-0.98. 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)) |
| = | -0.98 | |
| ER[a] | = | Expected return on investing in Absolute Shares |
| STD | = | Standard Deviation of Absolute Shares |
| N | = | Number of points for the period |
| Z-SCORE | = | Number of standard deviations above or below the mean |
Absolute Shares Value At Risk Peers Comparison
Absolute Value At Risk Relative To Other Indicators
Absolute Shares Trust ranks first in value at risk compared to similar ETFs. It is currently under evaluation in maximum drawdown compared to similar ETFs .
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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