John Hancock Value At Risk
| JAJLX Fund | | | USD 20.85 0.14 0.68% |
The Value At Risk calculation for John Hancock draws on price and volume history. The depth of trading history affects the precision of the indicator.
Risk vs Return Analysis provides context for diversified portfolio design. Diversification analysis considers the interaction of positions within a portfolio. Including John Hancock Variable in a portfolio enables allocation and risk analysis. The information is presented without directional commentary. Broader economic conditions can influence John Hancock Variable's mutual fund valuation — related indicators include
signals in board of governors.
John Hancock Variable 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 John Hancock |
| STD | = | Standard Deviation of John Hancock |
| 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
John Hancock Variable 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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