HEALTH BIOTCHNOLOGY Value At Risk
| SBHIX Fund | | | USD 25.89 0.30 1.17% |
The Value At Risk signal for Health Biotchnology Portfolio reflects patterns observed in trading data. All values reflect available price and volume data across reporting intervals. For portfolio construction context, review
World Market Map. The construction of a diversified portfolio involves managing position exposure. Portfolio tools allow users to monitor Health Biotchnology Portfolio alongside other positions. Portfolio views show how individual holdings contribute to aggregate returns. Broader economic conditions can influence Health Biotchnology Portfolio's mutual fund valuation — related indicators include
signals in gross domestic product.
Health Biotchnology Portfolio has current Value At Risk of
-1.64. 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)) |
| = | -1.64 | |
Value At Risk Peers Comparison
Value At Risk Relative To Other Indicators
Health Biotchnology Portfolio is rated
fifth 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 HEALTH BIOTCHNOLOGY to Peers
Other Technical Indicators