DIAMOND HILL Value At Risk
| DIAYX Fund | | | USD 30.44 -0.22 -0.72% |
Technical inputs supporting the Value At Risk indicator for Diamond Hill Long Short are shown here. Cross-instrument Value At Risk comparisons are available via
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Investing Opportunities provides a view into diversified allocation design. All metrics are derived from available inputs and shown for reference. Portfolio analysis tools can evaluate how Diamond Hill Long Short fits within a broader allocation. All figures are based on reported data and are informational in nature. Broader economic conditions can influence Diamond Hill Long Short's mutual fund valuation — related indicators include
signals in small area income & poverty estimates.
Diamond Hill Long Short has current Value At Risk of
-0.76. 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)) |
| = | -0.76 | |
| ER[a] | = | Expected return on investing in DIAMOND HILL |
| STD | = | Standard Deviation of DIAMOND HILL |
| 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
Diamond Hill Long Short 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.
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