IShares Currency Value At Risk
| HEEM ETF | | | USD 40.80 0.82 2.05% |
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. Below is IShares Currency's current Value At Risk with peer comparisons and related risk metrics.
Current Value At Risk Value
With Value At Risk at
-2.59, IShares Currency shows the estimated maximum daily loss at the given confidence level. There is approximately a 5% probability that IShares Currency could lose more than
-2.59 in a single day under normal market conditions.
Value At Risk | = | ER[a] x N | + | (Z-SCORE x STD x SQRT (N)) |
| = | -2.59 | |
| ER[a] | = | Expected return on investing in IShares Currency |
| STD | = | Standard Deviation of IShares Currency |
| N | = | Number of points for the period |
| Z-SCORE | = | Number of standard deviations above or below the mean |
Value At Risk Peers Comparison
The peer group averages -2.25 for Value At Risk, with IShares Currency at -2.5911 falling below that level. Readings span -4.4547 (iShares MSCI Peru) to 0.0 (). IShares Currency carries lower tail risk than the peer average at the given confidence level.
Value At Risk Relative To Other Indicators
The chart below plots Value At Risk against Maximum Drawdown for IShares Currency and its peers. Each point represents one equity — position along the horizontal axis shows Value At Risk while the vertical axis shows Maximum Drawdown. Equities that cluster in different quadrants carry distinct risk-return profiles. Use the dropdowns to swap in other indicators for either axis.
Compare IShares Currency to PeersMethodology, Assumptions & Data Sources
IShares Currency's Value At Risk currently stands at -2.59. Value At Risk for IShares Currency is derived by applying a defined formula to historical price observations, producing a time-series of comparable readings. The underlying data comes from exchange-reported daily closes with corporate action adjustments applied where relevant. Indicator accuracy depends on data continuity across the calculation period. Gaps in trading history may affect the output.
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