Direxion Daily Value At Risk
| UBOT ETF | | | USD 30.15 0.65 2.20% |
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 Direxion Daily's current Value At Risk with peer comparisons and related risk metrics.
Current Value At Risk Value
At
-5.17, Direxion Daily's Value At Risk indicates the estimated maximum daily loss at the given confidence level. This indicates substantial tail risk — there is approximately a 5% probability that Direxion Daily could lose more than
-5.17 in a single day.
Value At Risk | = | ER[a] x N | + | (Z-SCORE x STD x SQRT (N)) |
| = | -5.17 | |
| ER[a] | = | Expected return on investing in Direxion Daily |
| STD | = | Standard Deviation of Direxion Daily |
| N | = | Number of points for the period |
| Z-SCORE | = | Number of standard deviations above or below the mean |
Value At Risk Peers Comparison
Direxion Daily falls below the -2.92 peer average for Value At Risk. leads at 0.0 while Direxion Daily FTSE registers the lowest at -6.5577. Direxion Daily 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 Direxion Daily 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 Direxion Daily to PeersMethodology, Assumptions & Data Sources
Direxion Daily's Value At Risk currently stands at -5.17. This Value At Risk reading for Direxion Daily results from applying the indicator's calculation rules to price and volume data over the selected window. Price data is sourced from standardized end-of-day feeds across supported exchanges, normalized for corporate actions. Indicator accuracy depends on data continuity across the calculation period. Gaps in trading history may affect the output.
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