Putnam Vertible Securities Fund Price on June 4, 2023
| PCONX Fund | USD 26.87 0.02 0.07% |
Below is the normalized historical share price chart for Putnam Vertible Securities extending back to May 15, 1986. 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 Convertible stands at 26.87, as last reported on the 30th of November, with the highest price reaching 26.87 and the lowest price hitting 26.87 during the day.
If you're considering investing in Putnam Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Putnam Mutual Fund to be very steady. Putnam Vertible Secu maintains Sharpe Ratio (i.e., Efficiency) of 0.34, which implies the entity had a 0.34% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Putnam Vertible Secu, which you can use to evaluate the volatility of the fund. Please check Putnam Convertible's Semi Deviation of 0.1979, coefficient of variation of 377.86, and Risk Adjusted Performance of 0.1972 to confirm if the risk estimate we provide is consistent with the expected return of 0.16%.
Putnam Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Putnam |
Sharpe Ratio = 0.3372
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Estimated Market Risk
| 0.48 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.34 actual daily | 26 74% of assets perform better |
Based on monthly moving average Putnam Convertible is performing at about 26% 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 Convertible by adding it to a well-diversified portfolio.
Putnam Convertible Valuation on June 4, 2023
It is possible to determine the worth of Putnam Convertible on a given historical date. On June 4, 2023 Putnam was worth 21.71 at the beginning of the trading date compared to the closed value of 21.71. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Putnam Convertible mutual fund. Still, in general, we apply an absolute valuation method to find Putnam Convertible'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 Convertible where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Putnam Convertible's related companies.
| Open | High | Low | Close | Volume | |
| 21.50 | 21.50 | 21.50 | 21.50 | 1.00 | |
06/02/2023 | 21.71 | 21.71 | 21.71 | 21.71 | 1.00 |
| 21.74 | 21.74 | 21.74 | 21.74 | 1.00 |
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Putnam Convertible Trading Date Momentum on June 4, 2023
| On June 05 2023 Putnam Vertible Securities was traded for 21.74 at the closing time. The highest daily price throughout the period was 21.74 and the lowest price was 21.74 . There was no trading activity during the period 1.0. Lack of trading volume on 06/05/2023 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.14% . The trading delta at closing time to current closing price is 1.24% . |
Putnam Vertible Secu Fundamentals Correlations and Trends
By evaluating Putnam Convertible'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 Convertible'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 Convertible Mutual Fund history
Putnam Convertible 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 Vertible Secu 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 Convertible stock prices may prove useful in developing a viable investing in Putnam Convertible
The fund invests mainly in convertible securities of U.S. companies. Convertible securities combine the investment characteristics of bonds and common stocks. Under normal circumstances, it invests at least 80 percent of the funds net assets in convertible securities. Convertible securities include bonds, preferred stocks and other instruments that can be converted into or exchanged for common stock or equivalent value. A significant portion of the convertible securities are below-investment-grade.
Putnam Convertible Mutual Fund Technical Analysis
Putnam Convertible technical mutual 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 Convertible Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Putnam Vertible Securities cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS 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 Convertible November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Putnam Convertible mutual 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 Convertible shares will generate the highest return on investment. By undertsting and applying Putnam Convertible mutual fund market strength indicators, traders can identify Putnam Vertible Securities entry and exit signals to maximize returns
Putnam Convertible Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Putnam Convertible's price direction in advance. Along with the technical and fundamental analysis of Putnam Mutual 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 | 0.1972 | |||
| Jensen Alpha | 0.1128 | |||
| Total Risk Alpha | 0.0394 | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 1.43 |
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| Volume Indicators |
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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