Putnam Municipal Opportunities Stock Probability of Future Stock Price Finishing Under 8.42
| PMO Stock | USD 10.87 0.24 2.26% |
Putnam |
Putnam Municipal Target Price Odds to finish below 8.42
The tendency of Putnam Stock 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 $ 8.42 or more in 90 days |
| 10.87 | 90 days | 8.42 | near 1 |
Based on a normal probability distribution, the odds of Putnam Municipal to drop to $ 8.42 or more in 90 days from now is near 1 (This Putnam Municipal Opportunities probability density function shows the probability of Putnam Stock to fall within a particular range of prices over 90 days) . Probability of Putnam Municipal Opp price to stay between $ 8.42 and its current price of $10.87 at the end of the 90-day period is about 97.0 .
Considering the 90-day investment horizon Putnam Municipal Opportunities has a beta of -0.0774 indicating as returns on the benchmark increase, returns on holding Putnam Municipal are expected to decrease at a much lower rate. During a bear market, however, Putnam Municipal Opportunities is likely to outperform the market. Additionally Putnam Municipal Opportunities has an alpha of 0.0842, implying that it can generate a 0.0842 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Putnam Municipal Price Density |
| Price |
Predictive Modules for Putnam Municipal
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 Municipal Opp. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock 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 Municipal Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Putnam Municipal is not an exception. The market had few large corrections towards the Putnam Municipal'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 Municipal Opportunities, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Putnam Municipal within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.08 | |
β | Beta against Dow Jones | -0.08 | |
σ | Overall volatility | 0.17 | |
Ir | Information ratio | -0.07 |
Putnam Municipal 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 Municipal for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Putnam Municipal Opp 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 Municipal Opportunities has 7.58 M in debt with debt to equity (D/E) ratio of 0.11, which may show that the company is not taking advantage of profits from borrowing. Putnam Municipal Opp has a current ratio of 0.44, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Putnam to invest in growth at high rates of return. | |
| Putnam Municipal Opp has a strong financial position based on the latest SEC filings | |
| On 1st of November 2024 Putnam Municipal paid $ 0.035 per share dividend to its current shareholders | |
| Latest headline from thelincolnianonline.com: Putnam Municipal Opportunities Trust Stock Passes Below Fifty Day Moving Average Heres Why |
Putnam Municipal 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 Stock often depends not only on the future outlook of the current and potential Putnam Municipal'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 Municipal's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 32.2 M | |
| Cash And Short Term Investments | 121.7 K |
Putnam Municipal Technical Analysis
Putnam Municipal's future price can be derived by breaking down and analyzing its technical indicators over time. Putnam Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Putnam Municipal Opportunities. In general, you should focus on analyzing Putnam Stock price patterns and their correlations with different microeconomic environments and drivers.
Putnam Municipal Predictive Forecast Models
Putnam Municipal's time-series forecasting models is one of many Putnam Municipal's stock 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 Municipal'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 stock market movement and maximize returns from investment trading.
Things to note about Putnam Municipal Opp
Checking the ongoing alerts about Putnam Municipal for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Putnam Municipal Opp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Putnam Municipal Opportunities has 7.58 M in debt with debt to equity (D/E) ratio of 0.11, which may show that the company is not taking advantage of profits from borrowing. Putnam Municipal Opp has a current ratio of 0.44, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Putnam to invest in growth at high rates of return. | |
| Putnam Municipal Opp has a strong financial position based on the latest SEC filings | |
| On 1st of November 2024 Putnam Municipal paid $ 0.035 per share dividend to its current shareholders | |
| Latest headline from thelincolnianonline.com: Putnam Municipal Opportunities Trust Stock Passes Below Fifty Day Moving Average Heres Why |
Check out Putnam Municipal Backtesting, Putnam Municipal Valuation, Putnam Municipal Correlation, Putnam Municipal Hype Analysis, Putnam Municipal Volatility, Putnam Municipal History as well as Putnam Municipal Performance. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Putnam Municipal. If investors know Putnam will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Putnam Municipal listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.95) | Dividend Share 0.619 | Earnings Share 0.59 | Revenue Per Share 0.632 | Quarterly Revenue Growth 0.105 |
The market value of Putnam Municipal Opp 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 Municipal's value that differs from its market value or its book value, called intrinsic value, which is Putnam Municipal'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 Municipal's market value can be influenced by many factors that don't directly affect Putnam Municipal'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 Municipal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Putnam Municipal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Putnam Municipal'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.