Fidelity Income Value At Risk
| FIRQX Fund | | | USD 56.98 -0.06 -0.11% |
This technical indicator view for Value At Risk organizes signals for Fidelity Income Replacement and comparable instruments. Coverage depends on data availability and normalization;
Equity Screeners provides additional screening context. Fidelity Income has P/E of 17.6. See
Investing Opportunities for portfolio-level analysis. This suggests a position in Fidelity Income Replacement in the portfolio 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 producer price index.
Fidelity Income Replacement has current Value At Risk of
-0.40. 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)) |
| = | -0.40 | |
| ER[a] | = | Expected return on investing in Fidelity Income |
| STD | = | Standard Deviation of Fidelity Income |
| N | = | Number of points for the period |
| Z-SCORE | = | Number of standard deviations above or below the mean |
Fidelity Income Value At Risk Peers Comparison
Fidelity Value At Risk Relative To Other Indicators
Fidelity Income Replacement is positioned as one of the top mutual funds 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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