Fpdrxx Value At Risk
| FPDRXX Fund | | | 8.99 -0.15 -1.64% |
The Value At Risk reading for Fpdrxx is computed from historical trading observations. Extended technical indicator views are accessible through
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Investing Opportunities to better understand diversified portfolio construction. The diversification view provides additional analytical depth. The allocation includes a position in Fpdrxx. The position falls within the allocation view. Also, note that the market value of any fund could be closely tied with the direction of predictive economic indicators such as
signals in main economic indicators.
Fpdrxx has current Value At Risk of
-1.52. 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)) |
| = | -1.52 | |
| ER[a] | = | Expected return on investing in Fpdrxx |
| STD | = | Standard Deviation of Fpdrxx |
| 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
Fpdrxx 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.
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