Eaton Vance Value At Risk
| EGIIX Fund | | | USD 31.74 -0.61 -1.89% |
Observed values used in the Value At Risk indicator for Eaton Vance Greater are included in this dataset. The underlying data comes from exchange-reported trading records.
Investing Opportunities provides context for diversified portfolio design. Refined allocation visibility enhances overall portfolio context. A position in Eaton Vance Greater is indicated here. It is reflected in the overall portfolio structure. Position weights are derived from the portfolio construction methodology. The information is analytical in nature and is not intended as a specific recommendation. 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 gross domestic product.
Eaton Vance Greater has current Value At Risk of
-1.87. 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)) |
| = | -1.87 | |
| ER[a] | = | Expected return on investing in Eaton Vance |
| STD | = | Standard Deviation of Eaton Vance |
| 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
Eaton Vance Greater is rated
below average 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 Eaton Vance to Peers
Other Technical Indicators