HENNESSY CORNERSTONE Value At Risk
| HICGX Fund | | | USD 35.18 0.70 2.03% |
The Value At Risk profile for Hennessy Nerstone Growth is based on historical price and volume observations. Normalization methods and data feeds may affect reported values.
Risk vs Return Analysis provides context for diversified portfolio construction. All metrics are derived from available inputs and shown for reference. Monitoring Hennessy Nerstone Growth within a portfolio highlights how it interacts with other holdings. Rebalancing tools flag when weights drift from target allocations. Broader economic conditions can influence Hennessy Nerstone Growth's mutual fund valuation — related indicators include
signals in census.
Hennessy Nerstone Growth has current Value At Risk of
-1.56. 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)) |
| = | -1.56 | |
Value At Risk Peers Comparison
Value At Risk Relative To Other Indicators
Hennessy Nerstone Growth is rated
third 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 HENNESSY CORNERSTONE to Peers
Other Technical Indicators