WILLISTON BASIN/MID-NORTH Value At Risk

ICPAX Fund  USD 8.68  -0.17  -1.92%   
The Value At Risk signal for Williston Basinmid North America reflects patterns observed in trading data. The Equity Screeners module supports multi-indicator technical analysis. Portfolio design and allocation context appear in Risk vs Return Analysis. Position sizing and allocation together define the portfolio construction approach. Tracking Williston Basinmid North America in a portfolio provides context for performance attribution. This view summarizes available data without implying outcomes. Broader economic conditions can influence Williston Basinmid North America's mutual fund valuation — related indicators include signals in nation.
Williston Basinmid North America has current Value At Risk of -1.35. 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))

 = 
-1.35
ER[a] = Expected return on investing in WILLISTON BASIN/MID-NORTH
STD =   Standard Deviation of WILLISTON BASIN/MID-NORTH
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

Williston Basinmid North America ranks first 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 WILLISTON BASIN/MID-NORTH to Peers

Other Technical Indicators