Putnam Equity Variance
| PEYAX Fund | | | USD 39.31 -0.59 -1.48% |
The Variance signal for Putnam Equity Income reflects patterns observed in trading data. All values reflect available price and volume data across reporting intervals. Availability can differ across markets, exchanges, and instruments. Comparable indicator datasets are structured within
Equity Screeners.
Your Equity Center frames the approach to diversified portfolio design. The view supports a broader understanding of portfolio structure. Allocation structure reflects how positions are distributed across the portfolio. The holding in Putnam Equity Income represents an allocation. This is situated within the portfolio mix. 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 nation.
Putnam Equity Income has current Variance of 0.4955. Variance is another measure of security risk that shows the amount of dispersion of equity returns around their mean value. Variance is calculated as the average squared deviations from the mean. Evaluating a set of investment alternatives one can use variance to help determine the volatility when purchasing a specific security. Similar to Standard Deviation, the variance is a measure of how far a set of numbers is spread out around its mean.
Variance | = | SUM(RET DEV)2N |
| = | 0.4955 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
Variance Peers Comparison
Variance Relative To Other Indicators
Putnam Equity Income is rated
below average in variance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
6.25 of Maximum Drawdown per Variance. At
6.25 , Putnam Equity Income's Maximum Drawdown-to-Variance multiple reflects the spread between these metrics
Variance is also a measure of stock volatility and can help determine the risk an investor might take on when purchasing a specific security. A relatively big variance indicates that the daily prices or returns are far from the mean and a small variance indicates that they are located around the mean.
Compare Putnam Equity to Peers
Other Technical Indicators