OPPENHEIMER STEELPATH Value At Risk
| OSPAX Fund | | | USD 10.47 -0.04 -0.38% |
The Value At Risk calculation for OPPENHEIMER STEELPATH draws on price and volume history. Data availability for the calculation period determines indicator completeness.
Your Equity Center provides context for diversified portfolio construction. The portfolio structure determines how individual positions contribute to the whole. This reflects a position in Oppenheimer Steelpath Mlp. This is situated within the portfolio mix. 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 nation.
Oppenheimer Steelpath Mlp has current Value At Risk of
-0.77. 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)) |
| = | -0.77 | |
Value At Risk Peers Comparison
Value At Risk Relative To Other Indicators
Oppenheimer Steelpath Mlp ranks first 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 OPPENHEIMER STEELPATH to Peers
Other Technical Indicators