Putnam Etf Trust Etf Price on July 25, 2024
PCRB Etf | 49.02 0.20 0.41% |
If you're considering investing in Putnam Etf, it is important to understand the factors that can impact its price. As of today, the current price of Putnam ETF stands at 49.02, as last reported on the 30th of November, with the highest price reaching 49.02 and the lowest price hitting 49.01 during the day. Putnam ETF Trust maintains Sharpe Ratio (i.e., Efficiency) of -0.0355, which implies the entity had a -0.0355% return per unit of risk over the last 3 months. Putnam ETF Trust exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Putnam ETF's Variance of 0.1099, coefficient of variation of (2,676), and Risk Adjusted Performance of (0.04) to confirm the risk estimate we provide.
Putnam Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Putnam |
Sharpe Ratio = -0.0355
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Negative Returns | PCRB |
Estimated Market Risk
0.33 actual daily | 2 98% of assets are more volatile |
Expected Return
-0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Putnam ETF is not performing at its full potential. However, 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 ETF by adding Putnam ETF to a well-diversified portfolio.
Average Mkt Cap Mil No Data |
Putnam ETF Main Headline on 25th of July 2024
Putnam ESG Core Bond ETF declares monthly distribution of 0.... by seekingalpha.com
Putnam ESG Core Bond ETF pays dividend of 0.1730 on Jul 25 for shareholders of record on Jul 23.
Putnam ETF Valuation on July 25, 2024
It is possible to determine the worth of Putnam ETF on a given historical date. On July 25, 2024 Putnam was worth 48.05 at the beginning of the trading date compared to the closed value of 47.96. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Putnam ETF etf. Still, in general, we apply an absolute valuation method to find Putnam ETF'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 ETF where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Putnam ETF's related companies.
Open | High | Low | Close | Volume | |
48.07 | 48.07 | 47.88 | 47.88 | 24,400 | |
07/25/2024 | 48.05 | 48.05 | 47.96 | 47.96 | 23,900 |
48.13 | 48.15 | 48.13 | 48.15 | 34,200 |
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Putnam ETF Trading Date Momentum on July 25, 2024
On July 26 2024 Putnam ETF Trust was traded for 48.15 at the closing time. The top price for the day was 48.15 and the lowest listed price was 48.13 . The trading volume for the day was 34.2 K. The trading history from July 26, 2024 was a factor to the next trading day price jump. The trading delta at closing time against the next closing price was 0.40% . The trading delta at closing time against the current closing price is 2.92% . |
About Putnam ETF Etf history
Putnam ETF 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 ETF Trust 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 ETF stock prices may prove useful in developing a viable investing in Putnam ETF
Putnam ETF Etf Technical Analysis
Putnam ETF technical etf 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, etf market cycles, or different charting patterns.
Price Boundaries
Putnam ETF Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Putnam ETF Trust cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE ARCA 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 ETF November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Putnam ETF etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Putnam ETF shares will generate the highest return on investment. By undertsting and applying Putnam ETF etf market strength indicators, traders can identify Putnam ETF Trust entry and exit signals to maximize returns
Putnam ETF Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Putnam ETF's price direction in advance. Along with the technical and fundamental analysis of Putnam Etf 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 | (0.04) | |||
Jensen Alpha | (0.02) | |||
Total Risk Alpha | (0.08) | |||
Treynor Ratio | 0.4814 |
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Volume Indicators |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Putnam ETF Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
The market value of Putnam ETF Trust 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 ETF's value that differs from its market value or its book value, called intrinsic value, which is Putnam ETF'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 ETF's market value can be influenced by many factors that don't directly affect Putnam ETF'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 ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if Putnam ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Putnam ETF'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.