BNY MELLON Value At Risk
| MIMSX Fund | | | USD 1.70 -0.03 -1.73% |
Observed values used in the Value At Risk indicator for Bny Mellon Mid are included in this dataset. The underlying data comes from exchange-reported trading records. Market data gaps can influence the computed indicator values.
Correlation Analysis provides a view into diversified allocation design. Such insight adds context to allocation decisions within a diversified portfolio. Diversification analysis considers the interaction of positions within a portfolio. This includes a position in Bny Mellon Mid. The position sits inside the allocation mix. Portfolio construction methods define how positions are sized. This dataset reflects observed data and is not advisory in nature. 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 population.
Bny Mellon Mid has current Value At Risk of
-1.73. 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)) |
| = | -1.73 | |
| ER[a] | = | Expected return on investing in BNY MELLON |
| STD | = | Standard Deviation of BNY MELLON |
| 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
Bny Mellon Mid 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 BNY MELLON to Peers
Other Technical Indicators