Highland Global Value At Risk
| HGLB Fund | | | USD 8.27 0.07 0.85% |
Historical market data for Highland Global Allocation forms the basis of the Value At Risk indicator shown here. The calculation draws on time-series market data across available periods. Highland Global has a market cap of 98.44 M.
Risk vs Return Analysis can help frame allocation decisions. Including Highland Global Allocation in a portfolio enables allocation and risk analysis. Sector and industry exposure becomes visible in the portfolio breakdown. Broader economic conditions can influence Highland Global Allocation's fund valuation — related indicators include
signals in board of governors.
Highland Global Allocation has current Value At Risk of
-1.80. 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)) |
| = | -1.80 | |
| ER[a] | = | Expected return on investing in Highland Global |
| STD | = | Standard Deviation of Highland Global |
| 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
Highland Global Allocation 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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