American Balanced Value At Risk
| ABALX Fund | | | USD 36.88 -0.50 -1.34% |
Historical market data for American Balanced forms the basis of the Value At Risk indicator shown here. Market data gaps can influence the computed indicator values.
Trending Equities provides context for diversified portfolio design. Diversification analysis considers the interaction of positions within a portfolio. Monitoring American Balanced within a portfolio highlights how it interacts with other holdings. The relative size of each holding follows the selected allocation framework. Broader economic conditions can influence American Balanced's mutual fund valuation — related indicators include
signals in board of governors.
American Balanced has current Value At Risk of
-1.29. 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)) |
| = | -1.29 | |
| ER[a] | = | Expected return on investing in American Balanced |
| STD | = | Standard Deviation of American Balanced |
| N | = | Number of points for the period |
| Z-SCORE | = | Number of standard deviations above or below the mean |
Value At Risk Peers Comparison
Value At Risk Relative To Other Indicators
American Balanced is rated
second in value at risk among similar funds. It is currently under evaluation in maximum drawdown among similar funds .
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.
Compare American Balanced to Peers
Other Technical Indicators