PUTNAM DIVERSIFIED Total Risk Alpha
| PDINX Fund | | | USD 5.02 -0.02 -0.40% |
Reference data associated with the Total Risk Alpha technical indicator for Putnam Diversified Income. Coverage may vary across instruments due to feed availability.
Putnam Diversified Income has current Total Risk Alpha of 0.0044. The total risk alpha measures the performance of an asset by comparing its returns with those of a selected benchmark portfolio.
Total Risk Alpha | = | RFR + (ER[b] - ER[a]) | x | STD[a] / STD[b] |
| = | 0.0044 | |
| ER[a] | = | Expected return on investing in PUTNAM DIVERSIFIED |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on PUTNAM DIVERSIFIED |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
PUTNAM DIVERSIFIED Total Risk Alpha Peers Comparison
PUTNAM Total Risk Alpha Relative To Other Indicators
Putnam Diversified Income is rated
below average in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
181.27 of Maximum Drawdown per Total Risk Alpha. At
181.27 , Putnam Diversified Income's Maximum Drawdown-to-Total Risk Alpha multiple reflects the spread between these metrics
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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