ICON LONG/SHORT Value At Risk
| ISTAX Fund | | | USD 25.71 0.55 2.19% |
The Value At Risk profile for Icon Longshort Fund is based on historical price and volume observations. Coverage may vary depending on data availability and normalization methods. Review
Risk vs Return Analysis to understand diversified portfolio construction. Diversified allocation aims to distribute exposure across multiple positions. Monitoring Icon Longshort Fund within a portfolio highlights how it interacts with other holdings. Rebalancing tools flag when weights drift from target allocations. Broader economic conditions can influence Icon Longshort Fund's mutual fund valuation — related indicators include
signals in nation.
Icon Longshort Fund has current Value At Risk of
-2.06. 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)) |
| = | -2.06 | |
| ER[a] | = | Expected return on investing in ICON LONG/SHORT |
| STD | = | Standard Deviation of ICON LONG/SHORT |
| 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 Longshort Fund 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.
Compare ICON LONG/SHORT to Peers
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