FIDELITY ADVISOR Value At Risk
| FFSIX Fund | | | USD 36.07 0.08 0.22% |
Historical market data for Fidelity Advisor Financial forms the basis of the Value At Risk indicator shown here. Related indicator context is organized within
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Investing Opportunities to explore diversified allocation structure. All figures are based on reported data and are informational in nature. Portfolio tools allow users to monitor Fidelity Advisor Financial alongside other positions. Portfolio views show how individual holdings contribute to aggregate returns. Broader economic conditions can influence Fidelity Advisor Financial's mutual fund valuation — related indicators include
signals in gross domestic product.
Fidelity Advisor Financial 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 FIDELITY ADVISOR |
| STD | = | Standard Deviation of FIDELITY ADVISOR |
| 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 Advisor Financial 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 FIDELITY ADVISOR to Peers
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