Tradivex Calculators

Portfolio Risk Allocation Calculator

Estimate portfolio heat, weighted exposure, and correlation-adjusted risk across planned positions.

Gross portfolio risk

700.00

Correlation-adjusted risk

548.63

Risk as % of account

1.10%

Total exposure

22,500.00

This uses one average correlation for three positions, so it is a planning estimate rather than a full covariance model. Correlations can change during stress and do not remove gap or liquidity risk.

How this calculator works

Practical guide and assumptions

Portfolio risk is not always the sum of isolated trade risks. Correlated positions can produce a larger combined loss when they move together.

Formula and method

This tool adds entered position risks and applies one average pairwise correlation to produce a simplified adjusted-risk estimate. A full portfolio model would use a complete covariance matrix and instrument-specific exposures.

Before using the result

  • Use risk amounts based on defined stop or loss scenarios, not only notional exposure.
  • Review correlations by market regime; they can rise during stress.
  • Include concentration, liquidity, gap, currency, and leverage risk separately.

Frequently asked questions

Does diversification remove risk?

No. Diversification can change the distribution of risk, but correlations, liquidity, gaps, and common factors can still create simultaneous losses.

Why does the result use one correlation value?

It is a transparent planning simplification for three positions. Real portfolios need pair-specific correlations and a consistent return or risk model.