VANGUARD HIGH-YIELD Value At Risk

VWAHX Fund  USD 10.55  -0.08  -0.75%   
The Value At Risk profile for Vanguard High Yield Tax Exempt 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. For portfolio construction context, review World Market Map. Clearer exposure analysis supports long-term portfolio balance. The portfolio reflects a holding in Vanguard High Yield Tax Exempt. The position falls within the allocation view. 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 rate.
Vanguard High Yield Tax Exempt has current Value At Risk of -0.28. 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))

 = 
-0.28
ER[a] = Expected return on investing in VANGUARD HIGH-YIELD
STD =   Standard Deviation of VANGUARD HIGH-YIELD
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

Vanguard High Yield Tax Exempt is rated fourth 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 VANGUARD HIGH-YIELD to Peers

Other Technical Indicators