Alger 35 Value At Risk
| ATFV ETF | | | USD 38.06 -0.29 -0.76% |
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. Below is Alger 35's current Value At Risk with peer comparisons and related risk metrics.
Current Value At Risk Value
Alger 35 registers a Value At Risk of
-2.35, reflecting the estimated maximum daily loss at the given confidence level. There is approximately a 5% probability that Alger 35 could lose more than
-2.35 in a single day under normal market conditions.
Value At Risk | = | ER[a] x N | + | (Z-SCORE x STD x SQRT (N)) |
| = | -2.35 | |
| ER[a] | = | Expected return on investing in Alger 35 |
| STD | = | Standard Deviation of Alger 35 |
| N | = | Number of points for the period |
| Z-SCORE | = | Number of standard deviations above or below the mean |
Value At Risk Peers Comparison
Relative to peers, Alger 35's Value At Risk is below the group average of -1.58. Peer readings range from -3.1608 (Matthews International Funds) to 0.0 (), reflecting tight clustering across the sector. Alger 35 carries lower tail risk than the peer average at the given confidence level.
Value At Risk Relative To Other Indicators
The chart below plots Value At Risk against Maximum Drawdown for Alger 35 and its peers. Each point represents one equity — position along the horizontal axis shows Value At Risk while the vertical axis shows Maximum Drawdown. Equities that cluster in different quadrants carry distinct risk-return profiles. Use the dropdowns to swap in other indicators for either axis.
Compare Alger 35 to PeersMethodology, Assumptions & Data Sources
Alger 35 has a current Value At Risk reading of -2.35. This Value At Risk reading for Alger 35 results from applying the indicator's calculation rules to price and volume data over the selected window. Data sources include daily closing prices from supported exchanges, with standard corporate action adjustments applied. The output reflects the selected calculation window — changing the horizon will produce different readings. This ETF metric is provided for analytical reference.
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