Pender Real Value At Risk
| PNDIX Fund | | | 10.04 -0.07 -0.69% |
The Value At Risk calculation for Pender Real draws on price and volume history. All inputs are based on actual trading observations from supported exchanges. Use
Your Equity Center to better understand diversified portfolio construction. The diversification view provides additional analytical depth. Pender Real Estate can be included in a portfolio to evaluate diversification impact. The information is presented without directional commentary. Broader economic conditions can influence Pender Real Estate's mutual fund valuation — related indicators include
signals in gross domestic product.
Pender Real Estate has current Value At Risk of 0. 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 | |
| ER[a] | = | Expected return on investing in Pender Real |
| STD | = | Standard Deviation of Pender Real |
| 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
Pender Real Estate 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.
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