Icon Financial Value At Risk
| ICFAX Fund | | | USD 8.19 -0.04 -0.49% |
This dataset for Icon Financial Fund reflects inputs used in the Value At Risk calculation. All values reflect available price and volume data across reporting intervals.
Risk vs Return Analysis provides context for diversified portfolio design. Additional portfolio transparency improves capital positioning. Diversification analysis considers the interaction of positions within a portfolio. The holding in Icon Financial Fund represents an allocation. This is situated within the portfolio mix. The weighting is determined by the allocation framework in use. All figures are presented for informational review and are not prescriptive. 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 nation.
Icon Financial Fund has current Value At Risk of
-1.30. 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)) |
| = | -1.30 | |
| ER[a] | = | Expected return on investing in Icon Financial |
| STD | = | Standard Deviation of Icon Financial |
| 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
Icon Financial Fund 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 Icon Financial to Peers
Other Technical Indicators