Putman Absolute Financials
| PTRKX Fund | USD 8.29 0.03 0.36% |
Putman |
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Putman Absolute Fund Summary
Putman Absolute competes with Blackrock Inflation, Ab Bond, The Hartford, Guidepath(r) Managed, and Western Asset. The fund invests mainly in a diversified portfolio of investment-grade fixed-income securities. It invests mainly in bonds of governments and private companies that are investment-grade in quality with intermediate- to long-term maturities . The fund may invest in below-investment-grade investments. However, the fund will not invest in securities that are rated lower than B or its equivalent by each rating agency rating the investment, or are unrated securities that Putnam Management believes are of comparable quality.Specialization | Intermediate Core Bond, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | Putnam Funds Trust |
| Mutual Fund Family | Putnam |
| Mutual Fund Category | Intermediate Core Bond |
| Benchmark | Dow Jones Industrial |
| Phone | 800 225 1581 |
| Currency | USD - US Dollar |
Putman Absolute Key Financial Ratios
Putman Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Putman Absolute's current stock value. Our valuation model uses many indicators to compare Putman Absolute value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Putman Absolute competition to find correlations between indicators driving Putman Absolute's intrinsic value. More Info.Putman Absolute Return is rated top fund in annual yield among similar funds. It also is rated top fund in year to date return among similar funds creating about 259.36 of Year To Date Return per Annual Yield. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Putman Absolute's earnings, one of the primary drivers of an investment's value.Putman Absolute Return Systematic Risk
Putman Absolute's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Putman Absolute volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Putman Absolute Return correlated with the market. If Beta is less than 0 Putman Absolute generally moves in the opposite direction as compared to the market. If Putman Absolute Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Putman Absolute Return is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Putman Absolute is generally in the same direction as the market. If Beta > 1 Putman Absolute moves generally in the same direction as, but more than the movement of the benchmark.
Putman Absolute November 30, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Putman Absolute help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Putman Absolute Return. We use our internally-developed statistical techniques to arrive at the intrinsic value of Putman Absolute Return based on widely used predictive technical indicators. In general, we focus on analyzing Putman Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Putman Absolute's daily price indicators and compare them against related drivers.
| Information Ratio | (0.49) | |||
| Maximum Drawdown | 1.22 | |||
| Value At Risk | (0.61) | |||
| Potential Upside | 0.4779 |
Other Information on Investing in Putman Mutual Fund
Putman Absolute financial ratios help investors to determine whether Putman Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Putman with respect to the benefits of owning Putman Absolute security.
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