Putnam Equity Income Fund Price on February 28, 2024
| PEYAX Fund | USD 38.50 0.27 0.71% |
Below is the normalized historical share price chart for Putnam Equity Income extending back to October 14, 1993. 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 Equity stands at 38.50, as last reported on the 26th of November, with the highest price reaching 38.50 and the lowest price hitting 38.50 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 Equity Income maintains Sharpe Ratio (i.e., Efficiency) of 0.13, which implies the entity had a 0.13% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Putnam Equity Income, which you can use to evaluate the volatility of the fund. Please check Putnam Equity's Risk Adjusted Performance of 0.115, coefficient of variation of 653.96, and Semi Deviation of 0.387 to confirm if the risk estimate we provide is consistent with the expected return of 0.0833%.
Putnam Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Putnam |
Sharpe Ratio = 0.1293
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Estimated Market Risk
| 0.64 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Putnam Equity is performing at about 10% 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 Equity by adding it to a well-diversified portfolio.
Putnam Equity Valuation on February 28, 2024
It is possible to determine the worth of Putnam Equity on a given historical date. On February 28, 2024 Putnam was worth 32.25 at the beginning of the trading date compared to the closed value of 32.25. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Putnam Equity mutual fund. Still, in general, we apply an absolute valuation method to find Putnam Equity'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 Equity where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Putnam Equity's related companies.
| Open | High | Low | Close | Volume | |
| 32.17 | 32.17 | 32.17 | 32.17 | 1.00 | |
02/28/2024 | 32.25 | 32.25 | 32.25 | 32.25 | 1.00 |
| 32.36 | 32.36 | 32.36 | 32.36 | 1.00 |
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Putnam Equity Trading Date Momentum on February 28, 2024
| On February 29 2024 Putnam Equity Income was traded for 32.36 at the closing time. The highest daily price throughout the period was 32.36 and the lowest price was 32.36 . There was no trading activity during the period 1.0. Lack of trading volume on 02/29/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.34% . The trading delta at closing time to current closing price is 1.95% . |
Putnam Equity Income Fundamentals Correlations and Trends
By evaluating Putnam Equity'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 Equity'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 Equity Mutual Fund history
Putnam Equity 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 Equity 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 Equity stock prices may prove useful in developing a viable investing in Putnam Equity
The fund invests mainly in common stocks of U.S. companies, with a focus on value stocks that offer the potential for capital growth, current income, or both. Value stocks are issued by companies that the adviser believes are currently undervalued by the market. The adviser may consider, among other factors, a companys valuation, financial strength, growth potential, competitive position in its industry, projected future earnings, cash flows and dividends when deciding whether to buy or sell investments.
Putnam Equity Mutual Fund Technical Analysis
Putnam Equity 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 Equity Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Putnam Equity Income 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 Equity November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Putnam Equity 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 Equity shares will generate the highest return on investment. By undertsting and applying Putnam Equity mutual fund market strength indicators, traders can identify Putnam Equity Income entry and exit signals to maximize returns
Putnam Equity Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Putnam Equity'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 | 0.115 | |||
| Jensen Alpha | 0.0868 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 5.28 |
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| Volume Indicators |
Other Information on Investing in Putnam Mutual Fund
Putnam Equity 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 Equity security.
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