Tax Free Value At Risk
| TFCYX Fund | | | USD 10.02 0.00 0.00% |
This module presents the Value At Risk indicator for Tax Free Conservative using available market inputs. Exchange-specific data schedules may affect the recency of readings. Review
World Market Map to understand diversified portfolio construction. Broader allocation clarity strengthens diversification analysis. Tax Free Conservative can be evaluated within a portfolio framework for weight and risk impact. Drawdown analysis shows how each position affects portfolio volatility. Broader economic conditions can influence Tax Free Conservative's mutual fund valuation — related indicators include
signals in small area income & poverty estimates.
Tax Free Conservative has current Value At Risk of
-0.1. 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)) |
| = | -0.1 | |
| ER[a] | = | Expected return on investing in Tax Free |
| STD | = | Standard Deviation of Tax Free |
| 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
Tax Free Conservative 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 Tax Free to Peers
Other Technical Indicators