FRANKLIN EQUITY Standard Deviation
| FREIX Fund | | | USD 33.49 0.02 0.06% |
The Standard Deviation indicator for FRANKLIN EQUITY 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. Diversification context is available through
Investing Opportunities. Allocation context can improve visibility into portfolio balance. Diversification context is built from the relationships between portfolio holdings. The allocation includes a position in Franklin Equity Income. It is distributed across the allocation. The weighting is determined by the allocation framework in use. 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.
Franklin Equity Income has current Standard Deviation of 1.37. The Standard Deviation is a measure of how spread out the prices or returns of an asset are on average. It is the most widely used risk indicator in the field of investing and finance. Standard Deviation is commonly used to measure confidence in statistical conclusions regarding certain equity instruments or portfolios of equities.
Standard Deviation | = | SQRT(V) |
| = | 1.37 | |
Standard Deviation Peers Comparison
Standard Deviation Relative To Other Indicators
Franklin Equity Income ranks first in standard deviation among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
8.44 of Maximum Drawdown per Standard Deviation. At
8.44 , Franklin Equity Income's Maximum Drawdown-to-Standard Deviation multiple reflects the spread between these metrics
Standard deviation is applied to the annual rate of return of an investment to measure the investment's volatility. Standard deviation is also known as historical volatility and is used by investors as a gauge for the amount of expected market volatility. A large standard deviation usually indicates that the data points are far from the mean and a small standard deviation indicates that they are clustered closely around the mean.
Compare FRANKLIN EQUITY to Peers
Other Technical Indicators