ALGER BALANCED Value At Risk
| ABLOX Fund | | | USD 22.15 -0.24 -1.07% |
The Value At Risk calculation for ALGER BALANCED draws on price and volume history. All inputs are based on actual trading observations from supported exchanges. Data availability for the calculation period determines indicator completeness.
Trending Equities frames the approach to diversified portfolio design. Refined allocation visibility enhances overall portfolio context. This captures an allocation to Alger Balanced Portfolio. This is part of the broader portfolio composition. How positions are weighted depends on the construction approach used. This overview is based on available data and does not express a directional view. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
Alger Balanced Portfolio has current Value At Risk of
-1.10. 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)) |
| = | -1.10 | |
| ER[a] | = | Expected return on investing in ALGER BALANCED |
| STD | = | Standard Deviation of ALGER 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
Alger Balanced Portfolio is rated
fourth 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 ALGER BALANCED to Peers
Other Technical Indicators