SIERRA STRATEGIC Value At Risk
| SSIZX Fund | | | USD 19.59 -0.05 -0.25% |
The Value At Risk reading for Sierra Strategic Income is computed from historical trading observations. Each data point is derived from standardized price and volume feeds. Indicator reliability depends on the continuity of available trading data. Extended technical indicator views are accessible through
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World Market Map to understand diversified portfolio construction. Broader allocation clarity strengthens diversification analysis. The portfolio reflects a holding in Sierra Strategic Income. The position falls within the allocation view. The allocation approach determines the relative weighting of each position. 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.
Sierra Strategic Income has current Value At Risk of
-0.35. 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)) |
| = | -0.35 | |
| ER[a] | = | Expected return on investing in SIERRA STRATEGIC |
| STD | = | Standard Deviation of SIERRA STRATEGIC |
| 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
Sierra Strategic Income is rated
second 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 SIERRA STRATEGIC to Peers
Other Technical Indicators