Putnam High Income Fund Market Outlook
| PCF Fund | USD 6.08 0.02 0.33% |
Roughly 54% of Putnam High's investor base is interested to short. The analysis of overall sentiment of trading Putnam High Income fund suggests that many investors are impartial at this time. The current market sentiment, together with Putnam High's historical and current headlines, can help investors time the market. In addition, many technical investors use Putnam High Income fund news signals to limit their universe of possible portfolio assets.
Comfort Level 46
Impartial
Panic | Confidence |
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use Putnam High's input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward Putnam High Income.
News SentimentNeutral | Hype SentimentBearish | Insider SentimentWaiting |
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Putnam High Income is 'Hold'. Macroaxis provides Putnam High buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding PCF positions.
Execute Putnam High Advice
The Putnam recommendation should be used to complement the investment advice compiled from the current analysts' consensus on Putnam High Income. Macroaxis does not own or have any residual interests in Putnam High Income or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Putnam High's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | Weakest | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Analyst Consensus | Not Available | Details |
For the selected time horizon Putnam High Income has a Jensen Alpha of (0.03), Total Risk Alpha of (0.07), Sortino Ratio of (0.17) and Treynor Ratio of (0.02)We provide trade recommendations to complement the recent expert consensus on Putnam High Income. Our dynamic recommendation engine exercises a multidimensional algorithm to analyze the entity's potential to grow using all technical and fundamental data available at the time. To make sure Putnam High is not overpriced, please check all Putnam High Income fundamentals, including its short ratio, year to date return, and the relationship between the cash per share and beta .
Putnam High Trading Alerts and Improvement Suggestions
| Putnam High Income generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: Insider Buying Phillip Goldstein Acquires Shares in High Income Securities Fund - GuruFocus |
Putnam High Returns Distribution Density
The distribution of Putnam High's historical returns is an attempt to chart the uncertainty of Putnam High's future price movements. The chart of the probability distribution of Putnam High daily returns describes the distribution of returns around its average expected value. We use Putnam High Income price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Putnam High returns is essential to provide solid investment analysis for Putnam High.
| Mean Return | 0 | Value At Risk | -0.5 | Potential Upside | 0.68 | Standard Deviation | 0.50 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Putnam High historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Putnam High Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Putnam High or Financial Services sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Putnam High's price will be affected by overall fund market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Putnam fund's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.03 | |
β | Beta against Dow Jones | 0.26 | |
σ | Overall volatility | 0.51 | |
Ir | Information ratio | -0.2 |
Putnam High Volatility Alert
Putnam High Income exhibits very low volatility with skewness of -0.6 and kurtosis of 2.88. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Putnam High's fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Putnam High's fund price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Putnam High Fundamentals Vs Peers
Comparing Putnam High's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Putnam High's direct or indirect competition across all of the common fundamentals between Putnam High and the related equities. This way, we can detect undervalued stocks with similar characteristics as Putnam High or determine the funds which would be an excellent addition to an existing portfolio. Peer analysis of Putnam High's fundamental indicators could also be used in its relative valuation, which is a method of valuing Putnam High by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Putnam High to competition |
| Fundamentals | Putnam High | Peer Average |
| Price To Earning | 113.44 X | 6.53 X |
| Price To Book | 0.80 X | 0.74 X |
| Price To Sales | 18.17 X | 0.61 X |
| Beta | 0.81 | |
| Annual Yield | 0.01 % | 0.29 % |
| Year To Date Return | 0.84 % | 0.39 % |
| One Year Return | 7.31 % | 4.15 % |
| Three Year Return | 9.86 % | 3.60 % |
| Five Year Return | 7.60 % | 3.24 % |
| Last Dividend Paid | 0.88 | 0.65 |
Putnam High Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Putnam . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 845.61 | |||
| Daily Balance Of Power | 0.4 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 6.07 | |||
| Day Typical Price | 6.08 | |||
| Price Action Indicator | 0.015 | |||
| Period Momentum Indicator | 0.02 |
About Putnam High Buy or Sell Advice
When is the right time to buy or sell Putnam High Income? Buying financial instruments such as Putnam Fund isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Other Information on Investing in Putnam Fund
Putnam High financial ratios help investors to determine whether Putnam 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 High security.
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