Putnam High Income Fund Price on October 26, 2023
| PCF Fund | USD 6.81 0.03 0.44% |
Below is the normalized historical share price chart for Putnam High Income extending back to July 09, 1987. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Putnam High stands at 6.81, as last reported on the 29th of November, with the highest price reaching 6.86 and the lowest price hitting 6.78 during the day.
If you're considering investing in Putnam Fund, it is important to understand the factors that can impact its price. At this point, Putnam High is very steady. Putnam High Income maintains Sharpe Ratio (i.e., Efficiency) of 0.15, which implies the entity had a 0.15% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Putnam High Income, which you can use to evaluate the volatility of the fund. Please check Putnam High's Coefficient Of Variation of 697.49, semi deviation of 0.3421, and Risk Adjusted Performance of 0.1046 to confirm if the risk estimate we provide is consistent with the expected return of 0.0741%.
Putnam Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Putnam |
Sharpe Ratio = 0.1452
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Estimated Market Risk
| 0.51 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Putnam High is performing at about 11% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Putnam High by adding it to a well-diversified portfolio.
Market Capitalization 74.8 M |
Putnam High Valuation on October 26, 2023
It is possible to determine the worth of Putnam High on a given historical date. On October 26, 2023 Putnam was worth 5.11 at the beginning of the trading date compared to the closed value of 5.08. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Putnam High fund. Still, in general, we apply an absolute valuation method to find Putnam High's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Putnam High where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Putnam High's related companies.
| Open | High | Low | Close | Volume | |
| 5.13 | 5.14 | 5.08 | 5.08 | 41,658 | |
10/26/2023 | 5.11 | 5.11 | 5.07 | 5.08 | 32,790 |
| 5.08 | 5.10 | 5.06 | 5.07 | 45,887 |
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Putnam High Trading Date Momentum on October 26, 2023
| On October 27 2023 Putnam High Income was traded for 5.07 at the closing time. Highest Putnam High's price during the trading hours was 5.10 and the lowest price during the day was 5.06 . The net volume was 45.9 K. The overall trading history on the 27th of October contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 0.20% . The trading delta at closing time to current price is 7.68% . |
Putnam High Income Fundamentals Correlations and Trends
By evaluating Putnam High's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Putnam High's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Putnam financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Putnam High Fund history
Putnam High investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Putnam is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Putnam High Income will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Putnam High stock prices may prove useful in developing a viable investing in Putnam High
High Income Securities Fund is a closed-ended balanced income mutual fund launched and managed by Putnam Investment Management, LLC. The fund is co-managed by Putnam Investments Limited. It invests in the fixed income markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It invests in both convertible bonds and convertible preferred stocks. The fund benchmarks the performance of its portfolio against a composite index comprising of 50 percent JPMorgan Developed High Yield Index and 50 percent BofA Merrill Lynch AllConvertibles Speculative Quality Index. The fund was formerly known as Putnam High Income Securities Fund High Income Securities Fund was formed on July 9, 1987 and is domiciled in the United States.
Putnam High Fund Technical Analysis
Putnam High technical fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Putnam High Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Putnam High Income cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Putnam High November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Putnam High fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Putnam High shares will generate the highest return on investment. By undertsting and applying Putnam High fund market strength indicators, traders can identify Putnam High Income entry and exit signals to maximize returns
Putnam High Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Putnam High's price direction in advance. Along with the technical and fundamental analysis of Putnam Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Putnam to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1046 | |||
| Jensen Alpha | 0.0461 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.11) | |||
| Treynor Ratio | 0.4451 |
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| Volatility Indicators | ||
| Volume Indicators |
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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