Putnam Vertible Securities Fund Market Outlook
| PCVRX Fund | USD 28.13 0.51 1.78% |
Slightly above 62% of Putnam Convertible's investor base is looking to short. The analysis of overall sentiment of trading Putnam Vertible Securities mutual fund suggests that many investors are alarmed at this time. Putnam Convertible's investing sentiment can be driven by a variety of factors including economic data, Putnam Convertible's earnings reports, geopolitical events, and overall market trends.
Comfort Level 38
Alarmed
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 Convertible'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 Vertible Securities.
News SentimentNeutral | Hype SentimentBearish | Insider SentimentWaiting |
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Putnam Vertible Securities is 'Strong Hold'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell Putnam Vertible Securities given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for Putnam Vertible Securities, the advice is generated through an automated system that utilizes algorithms and statistical models.
Execute Putnam Convertible Buy or Sell Advice
The PUTNAM recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Putnam Vertible Securities. Macroaxis does not own or have any residual interests in Putnam Vertible Securities or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Putnam Convertible's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Analyst Consensus | Not Available | Details |
Putnam Convertible Trading Alerts and Improvement Suggestions
| The fund maintains about 5.86% of its assets in cash |
Putnam Convertible Returns Distribution Density
The distribution of Putnam Convertible's historical returns is an attempt to chart the uncertainty of Putnam Convertible's future price movements. The chart of the probability distribution of Putnam Convertible daily returns describes the distribution of returns around its average expected value. We use Putnam Vertible Securities price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Putnam Convertible returns is essential to provide solid investment advice for Putnam Convertible.
| Mean Return | 0.03 | Value At Risk | -1.74 | Potential Upside | 1.53 | Standard Deviation | 0.91 |
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 Convertible 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 Convertible 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 Convertible or Putnam 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 Convertible's price will be affected by overall mutual 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 | -0.0063 | |
β | Beta against Dow Jones | 0.70 | |
σ | Overall volatility | 0.93 | |
Ir | Information ratio | -0.02 |
Putnam Convertible Volatility Alert
Putnam Vertible Securities has low volatility with Treynor Ratio of 0.03, Maximum Drawdown of 3.71 and kurtosis of 0.03. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Putnam Convertible's mutual 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 Convertible's mutual 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 Convertible Fundamentals Vs Peers
Comparing Putnam Convertible'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 Convertible's direct or indirect competition across all of the common fundamentals between Putnam Convertible and the related equities. This way, we can detect undervalued stocks with similar characteristics as Putnam Convertible or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Putnam Convertible's fundamental indicators could also be used in its relative valuation, which is a method of valuing Putnam Convertible by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Putnam Convertible to competition |
| Fundamentals | Putnam Convertible | Peer Average |
| Price To Earning | 1.73 X | 6.53 X |
| Price To Book | 1.71 X | 0.74 X |
| Price To Sales | 1.57 X | 0.61 X |
| Annual Yield | 0.02 % | 0.29 % |
| Year To Date Return | 7.48 % | 0.39 % |
| One Year Return | 16.48 % | 4.15 % |
| Three Year Return | 12.39 % | 3.60 % |
| Five Year Return | 4.04 % | 3.24 % |
| Ten Year Return | 9.09 % | 1.79 % |
| Net Asset | 746.12 M | 4.11 B |
| Last Dividend Paid | 0.01 | 0.65 |
| Cash Position Weight | 5.86 % | 10.61 % |
| Equity Positions Weight | 6.44 % | 63.90 % |
Putnam Convertible 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.
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 28.13 | |||
| Day Typical Price | 28.13 | |||
| Price Action Indicator | (0.26) | |||
| Period Momentum Indicator | (0.51) | |||
| Relative Strength Index | 54.15 |
About Putnam Convertible Buy or Sell Advice
When is the right time to buy or sell Putnam Vertible Securities? Buying financial instruments such as PUTNAM Mutual 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.
Use Investing Ideas to Build Portfolios
In addition to having Putnam Convertible in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Oil And Gas Thematic Idea Now
Oil And Gas
Companies involved in drilling, production, and distribution of oil and gas pipelines. The Oil And Gas theme has 14 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Oil And Gas Theme or any other thematic opportunities.
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Other Information on Investing in PUTNAM Mutual Fund
Putnam Convertible 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 Convertible security.
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