OPTIMUM SMALL-MID Value At Risk
| OISGX Fund | | | USD 14.20 -0.39 -2.67% |
This module presents the Value At Risk indicator for Optimum Small Mid Cap using available market inputs. The indicator computation uses normalized market activity data. Diversification context is available through
Your Equity Center. Diversification context helps frame allocation across holdings. A position in Optimum Small Mid Cap is indicated here. Position weights are derived from the portfolio construction methodology. 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 census.
Optimum Small Mid Cap has current Value At Risk of
-2.15. 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)) |
| = | -2.15 | |
| ER[a] | = | Expected return on investing in OPTIMUM SMALL-MID |
| STD | = | Standard Deviation of OPTIMUM SMALL-MID |
| 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
Optimum Small Mid Cap 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 OPTIMUM SMALL-MID to Peers
Other Technical Indicators