Putnam Sustainable Future Etf Probability of Future Etf Price Finishing Under 25.29
PFUT Etf | USD 26.45 0.33 1.26% |
Putnam |
Putnam Sustainable Target Price Odds to finish below 25.29
The tendency of Putnam Etf price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current Price | Horizon | Target Price | Odds to drop to $ 25.29 or more in 90 days |
26.45 | 90 days | 25.29 | about 65.49 |
Based on a normal probability distribution, the odds of Putnam Sustainable to drop to $ 25.29 or more in 90 days from now is about 65.49 (This Putnam Sustainable Future probability density function shows the probability of Putnam Etf to fall within a particular range of prices over 90 days) . Probability of Putnam Sustainable Future price to stay between $ 25.29 and its current price of $26.45 at the end of the 90-day period is about 32.61 .
Given the investment horizon of 90 days Putnam Sustainable has a beta of 1.0 indicating Putnam Sustainable Future market returns are related to returns on the market. As the market goes up or down, Putnam Sustainable is expected to follow. Additionally Putnam Sustainable Future has an alpha of 0.0055, implying that it can generate a 0.005468 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Putnam Sustainable Price Density |
Price |
Predictive Modules for Putnam Sustainable
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Putnam Sustainable Future. Regardless of method or technology, however, to accurately forecast the etf market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the etf market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Putnam Sustainable's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Putnam Sustainable Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Putnam Sustainable is not an exception. The market had few large corrections towards the Putnam Sustainable's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Putnam Sustainable Future, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Putnam Sustainable within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.01 | |
β | Beta against Dow Jones | 1.00 | |
σ | Overall volatility | 0.66 | |
Ir | Information ratio | 0.01 |
Putnam Sustainable Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Putnam Sustainable for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Putnam Sustainable Future can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.Latest headline from news.google.com: Objective longshort Report - Stock Traders Daily | |
The fund created three year return of -1.0% | |
Putnam Sustainable Future maintains 97.69% of its assets in stocks |
Putnam Sustainable Technical Analysis
Putnam Sustainable's future price can be derived by breaking down and analyzing its technical indicators over time. Putnam Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Putnam Sustainable Future. In general, you should focus on analyzing Putnam Etf price patterns and their correlations with different microeconomic environments and drivers.
Putnam Sustainable Predictive Forecast Models
Putnam Sustainable's time-series forecasting models is one of many Putnam Sustainable's etf analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Putnam Sustainable's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the etf market movement and maximize returns from investment trading.
Things to note about Putnam Sustainable Future
Checking the ongoing alerts about Putnam Sustainable for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Putnam Sustainable Future help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Latest headline from news.google.com: Objective longshort Report - Stock Traders Daily | |
The fund created three year return of -1.0% | |
Putnam Sustainable Future maintains 97.69% of its assets in stocks |
Check out Putnam Sustainable Backtesting, Portfolio Optimization, Putnam Sustainable Correlation, Putnam Sustainable Hype Analysis, Putnam Sustainable Volatility, Putnam Sustainable History as well as Putnam Sustainable Performance. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
The market value of Putnam Sustainable Future is measured differently than its book value, which is the value of Putnam that is recorded on the company's balance sheet. Investors also form their own opinion of Putnam Sustainable's value that differs from its market value or its book value, called intrinsic value, which is Putnam Sustainable's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Putnam Sustainable's market value can be influenced by many factors that don't directly affect Putnam Sustainable's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Putnam Sustainable's value and its price as these two are different measures arrived at by different means. Investors typically determine if Putnam Sustainable is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Putnam Sustainable's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.