Putnam International Capital Fund Probability of Future Mutual Fund Price Finishing Over 41.72
| PICOX Fund | USD 42.14 0.27 0.64% |
Putnam |
Putnam International Target Price Odds to finish over 41.72
The tendency of Putnam Mutual Fund 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 stay above $ 41.72 in 90 days |
| 42.14 | 90 days | 41.72 | about 80.16 |
Based on a normal probability distribution, the odds of Putnam International to stay above $ 41.72 in 90 days from now is about 80.16 (This Putnam International Capital probability density function shows the probability of Putnam Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Putnam International price to stay between $ 41.72 and its current price of $42.14 at the end of the 90-day period is about 11.31 .
Assuming the 90 days horizon Putnam International has a beta of 0.07 indicating as returns on the market go up, Putnam International average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Putnam International Capital will be expected to be much smaller as well. Additionally Putnam International Capital has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Putnam International Price Density |
| Price |
Predictive Modules for Putnam International
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 International. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund 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.Putnam International Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Putnam International is not an exception. The market had few large corrections towards the Putnam International'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 International Capital, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Putnam International within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.06 | |
β | Beta against Dow Jones | 0.07 | |
σ | Overall volatility | 1.18 | |
Ir | Information ratio | -0.21 |
Putnam International 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 International for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Putnam International can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Putnam International generated a negative expected return over the last 90 days | |
| The fund maintains 97.89% of its assets in stocks |
Putnam International Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Putnam Mutual Fund often depends not only on the future outlook of the current and potential Putnam International's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Putnam International's indicators that are reflective of the short sentiment are summarized in the table below.
Putnam International Technical Analysis
Putnam International's future price can be derived by breaking down and analyzing its technical indicators over time. Putnam Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Putnam International Capital. In general, you should focus on analyzing Putnam Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Putnam International Predictive Forecast Models
Putnam International's time-series forecasting models is one of many Putnam International's mutual fund 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 International'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 mutual fund market movement and maximize returns from investment trading.
Things to note about Putnam International
Checking the ongoing alerts about Putnam International for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Putnam International help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Putnam International generated a negative expected return over the last 90 days | |
| The fund maintains 97.89% of its assets in stocks |
Other Information on Investing in Putnam Mutual Fund
Putnam International financial ratios help investors to determine whether Putnam 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 Putnam with respect to the benefits of owning Putnam International security.
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