Average D-Leverage per position

Compares the volatility of the DARWIN and its average D-Leverage, with the volatility of the EURUSD

It is calculated based on the last 1.5 D-Periods of Experience (Ex).

The average D-Leverage, or volatility of the DARWIN, is calculated with the sigma of all 1-hour time periods in which the DARWIN has traded and is compared with the sigma of the EURUSD.

DARWINs with short periods of exposure to the market require a higher Average D-Leverage per position to reach a target Monthly VaR of 6.5%, and vice versa.