Nuveen Floating Value At Risk
| JFR Fund | | | USD 7.30 -0.03 -0.41% |
Observed values used to calculate the Value At Risk technical indicator for Nuveen Floating Rate. Indicator inputs depend on available historical price observations.
Nuveen Floating Rate has current Value At Risk of
-0.78. 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)) |
| = | -0.78 | |
| ER[a] | = | Expected return on investing in Nuveen Floating |
| STD | = | Standard Deviation of Nuveen Floating |
| 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
Nuveen Floating Rate is ranked
fourth for value at risk across the fund category. It is currently under evaluation for maximum drawdown across the fund category .
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 Nuveen Floating to Peers
Other Technical Indicators