CLEARBRIDGE DIVIDEND Variance
| SBPLX Fund | | | USD 28.35 0.09 0.32% |
The Variance indicator for CLEARBRIDGE DIVIDEND is constructed from normalized market data. Related indicator context is organized within
Equity Screeners.
World Market Map provides a view into diversified allocation design. Diversification context is built from the relationships between portfolio holdings. Portfolio tools allow users to monitor Clearbridge Dividend Strategy alongside other positions. Correlation data between positions helps assess portfolio-level risk. Broader economic conditions can influence Clearbridge Dividend Strategy's mutual fund valuation — related indicators include
signals in board of governors.
Clearbridge Dividend Strategy has current Variance of 0.367. 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 |
| = | 0.367 | |
| 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
Clearbridge Dividend Strategy is rated
below average in variance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
7.65 of Maximum Drawdown per Variance. At
7.65 , Clearbridge Dividend Strategy'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 CLEARBRIDGE DIVIDEND to Peers
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