FIDELITY ASSET Value At Risk
| FAMRX Fund | | | USD 29.97 -0.10 -0.33% |
The Value At Risk indicator for Fidelity Asset Manager is derived from observed market data. For broader technical screening across instruments, see
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Investing Opportunities provides context for diversified portfolio construction. Such insight adds context to allocation decisions within a diversified portfolio. Portfolio analysis tools can evaluate how Fidelity Asset Manager fits within a broader allocation. How positions are weighted depends on the construction approach applied. Broader economic conditions can influence Fidelity Asset Manager's mutual fund valuation — related indicators include
signals in real.
Fidelity Asset Manager has current Value At Risk of
-1.48. 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)) |
| = | -1.48 | |
| ER[a] | = | Expected return on investing in FIDELITY ASSET |
| STD | = | Standard Deviation of FIDELITY ASSET |
| 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
Fidelity Asset Manager is rated
fifth 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 FIDELITY ASSET to Peers
Other Technical Indicators