PUTNAM INCOME Total Risk Alpha

PINCX Fund  USD 5.12  0.01  0.20%   
Reference data associated with the Total Risk Alpha technical indicator for Putnam Income Fund. Coverage may vary depending on data feeds and normalization methods.
Putnam Income Fund has current Total Risk Alpha of 0.0237. 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]

 = 
0.0237
ER[a] = Expected return on investing in PUTNAM INCOME
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on PUTNAM INCOME
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

Total Risk Alpha Peers Comparison

Total Risk Alpha Relative To Other Indicators

Putnam Income Fund is rated below average in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about 33.03 of Maximum Drawdown per Total Risk Alpha. At 33.03 , Putnam Income Fund'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. Compare PUTNAM INCOME to Peers

Other Technical Indicators