Putnam Convertible Value At Risk
| PRCCX Fund | | | USD 31.40 0.45 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. Below is Putnam Convertible's current Value At Risk with peer comparisons and related risk metrics.
Current Value At Risk Value
Putnam Convertible's Value At Risk of
-2.03 reflects the estimated maximum daily loss at the given confidence level. There is approximately a 5% probability that Putnam Convertible could lose more than
-2.03 in a single day under normal market conditions.
Value At Risk | = | ER[a] x N | + | (Z-SCORE x STD x SQRT (N)) |
| = | -2.03 | |
| ER[a] | = | Expected return on investing in Putnam Convertible |
| STD | = | Standard Deviation of Putnam Convertible |
| N | = | Number of points for the period |
| Z-SCORE | = | Number of standard deviations above or below the mean |
Value At Risk Peers Comparison
Putnam Convertible falls above the -2.31 peer average for Value At Risk. leads at 0.0 while Hood River Small Cap registers the lowest at -3.631. Putnam Convertible carries higher 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 Putnam Convertible 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 Putnam Convertible to PeersMethodology, Assumptions & Data Sources
The current Value At Risk for Putnam Convertible is -2.03. Putnam Convertible's Value At Risk is computed from historical closing prices over the selected time horizon, applying the indicator's defined mathematical transformation to raw price data. Inputs are drawn from end-of-day closing prices reported by supported exchanges, adjusted for splits and dividends where applicable. Results are based on historical returns and do not predict future performance. This indicator is provided for informational purposes.
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