Franklin Mutual Variance
| TESRX Fund | | | USD 24.76 0.17 0.69% |
Observed values used in the Variance indicator for Franklin Mutual Shares are included in this dataset. For broader technical screening across instruments, see
Equity Screeners. Use
World Market Map to explore diversified allocation structure. Allocation context can improve visibility into portfolio balance. Portfolio tools allow users to monitor Franklin Mutual Shares alongside other positions. The information is presented without directional commentary. Broader economic conditions can influence Franklin Mutual Shares's mutual fund valuation — related indicators include
signals in real.
Franklin Mutual Shares has current Variance of 0.9109. 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 |
| = | 0.9109 | |
| 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
Franklin Mutual Shares is rated
third in variance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
7.51 of Maximum Drawdown per Variance. At
7.51 , Franklin Mutual Shares'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 Franklin Mutual to Peers
Other Technical Indicators