Gabelli Healthcare Value At Risk
| XXGRX Fund | | | USD 9.89 0.02 0.20% |
The Value At Risk calculation for Gabelli Healthcare draws on price and volume history. Related screening structures are referenced through
Equity Screeners.
Your Current Watchlist provides context for diversified portfolio construction. The overall portfolio profile is shaped by the distribution of its holdings. Portfolio tools allow users to monitor The Gabelli Healthcare alongside other positions. Portfolio construction methods define how positions are sized relative to each other. Broader economic conditions can influence The Gabelli Healthcare's mutual fund valuation — related indicators include
signals in real.
The Gabelli Healthcare has current Value At Risk of
-1.45. 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)) |
| = | -1.45 | |
| ER[a] | = | Expected return on investing in Gabelli Healthcare |
| STD | = | Standard Deviation of Gabelli Healthcare |
| 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
The Gabelli Healthcare is rated
third 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 Gabelli Healthcare to Peers
Other Technical Indicators