THORNBURG INTERNATIONAL Value At Risk

TGVIX Fund  USD 33.96  -0.75  -2.16%   
The Value At Risk indicator for THORNBURG INTERNATIONAL is constructed from normalized market data. Values reflect historical observations within the available dataset. The depth of trading history affects the precision of the indicator. The Equity Screeners module supports multi-indicator technical analysis. World Market Map provides context for diversified portfolio construction. Additional portfolio transparency improves capital positioning. A position in Thornburg International Value is part of the allocation. It is reflected in the overall portfolio structure. How positions are weighted depends on the construction approach used. This summary reflects available observations without forecasting intent. 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.
Thornburg International Value has current Value At Risk of -1.31. 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))

 = 
-1.31
ER[a] = Expected return on investing in THORNBURG INTERNATIONAL
STD =   Standard Deviation of THORNBURG INTERNATIONAL
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

Thornburg International Value 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 THORNBURG INTERNATIONAL to Peers

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