PAYDEN EMERGING Value At Risk
| PYEIX Fund | | | USD 10.89 -0.07 -0.64% |
The Value At Risk profile for Payden Emerging Markets is based on historical price and volume observations. All inputs reflect available trading data across supported markets. Normalization methods and data feeds may affect reported values. Related screening structures are referenced through
Equity Screeners.
Your Equity Center provides a view into diversified allocation design. Such insight adds context to allocation decisions within a diversified portfolio. This captures an allocation to Payden Emerging Markets. It is represented within the portfolio holdings. The allocation framework shapes how individual positions are weighted. Reported data is organized for reference and does not imply a course of action. 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 gross domestic product.
Payden Emerging Markets has current Value At Risk of
-0.63. 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)) |
| = | -0.63 | |
| ER[a] | = | Expected return on investing in PAYDEN EMERGING |
| STD | = | Standard Deviation of PAYDEN EMERGING |
| 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
Payden Emerging Markets 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 PAYDEN EMERGING to Peers
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