PRUDENTIAL JENNISON Variance
| PWJAX Fund | | | USD 31.22 -0.35 -1.11% |
The Variance reading for Prudential Jennison International is computed from historical trading observations. Values reflect historical observations within the available dataset. For portfolio construction context, review
Your Equity Center. Clearer exposure analysis supports long-term portfolio balance. Portfolio analysis tools can evaluate how Prudential Jennison International fits within a broader allocation. All values are based on available data and provided as reference information. Broader economic conditions can influence Prudential Jennison International's mutual fund valuation — related indicators include
signals in nation.
Prudential Jennison International has current Variance of 2.29. 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 |
| = | 2.29 | |
| 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
Prudential Jennison International ranks first in variance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
2.99 of Maximum Drawdown per Variance. At
2.99 , Prudential Jennison International'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 PRUDENTIAL JENNISON to Peers
Other Technical Indicators