Putnam Global Incm Fund Price on November 11, 2024

PGGLX Fund  USD 9.99  0.01  0.10%   
Below is the normalized historical share price chart for Putnam Global Incm extending back to June 06, 2011. 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 Global stands at 9.99, as last reported on the 24th of November, with the highest price reaching 9.99 and the lowest price hitting 9.99 during the day.
 
Yuan Drop
 
Covid
If you're considering investing in Putnam Mutual Fund, it is important to understand the factors that can impact its price. Putnam Global Incm maintains Sharpe Ratio (i.e., Efficiency) of -0.12, which implies the entity had a -0.12% return per unit of risk over the last 3 months. Putnam Global Incm exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Putnam Global's Variance of 0.0584, coefficient of variation of (855.15), and Risk Adjusted Performance of (0.11) to confirm the risk estimate we provide.
  
Putnam Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1245

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Estimated Market Risk

 0.23
  actual daily
2
98% of assets are more volatile

Expected Return

 -0.03
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.12
  actual daily
0
Most of other assets perform better
Based on monthly moving average Putnam Global 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 Global by adding Putnam Global to a well-diversified portfolio.

Putnam Global Valuation on November 11, 2024

It is possible to determine the worth of Putnam Global on a given historical date. On November 11, 2024 Putnam was worth 10.06 at the beginning of the trading date compared to the closed value of 10.06. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Putnam Global mutual fund. Still, in general, we apply an absolute valuation method to find Putnam Global'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 Global where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Putnam Global's related companies.
 Open High Low Close Volume
  10.07    10.07    10.07    10.07    1.00  
11/11/2024
  10.06    10.06    10.06    10.06    1.00  
  10.02    10.02    10.02    10.02    1.00  
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Open Value
10.06
10.06
Closing Value
10.75
Upside

Putnam Global Trading Date Momentum on November 11, 2024

On November 12 2024 Putnam Global Incm was traded for  10.02  at the closing time. The highest daily price throughout the period was 10.02  and the lowest price was  10.02 . There was no trading activity during the period 1.0. Lack of trading volume on 11/12/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.40% . The trading delta at closing time to current closing price is 0.70% .

Putnam Global Incm Fundamentals Correlations and Trends

By evaluating Putnam Global'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 Global'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 Global Mutual Fund history

Putnam Global 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 Global Incm 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 Global stock prices may prove useful in developing a viable investing in Putnam Global
The fund invests mainly in bonds and securitized debt instruments that are obligations of companies and governments worldwide that are investment-grade in quality and that have intermediate- to long-term maturities . It invests at least 80 percent of its net assets in investment-grade securities. The fund may also invest in bonds that are below investment-grade in quality. It is non-diversified.

Putnam Global Mutual Fund Technical Analysis

Putnam Global 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.
A focus of Putnam Global technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Putnam Global trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Putnam Global Period Price Range

Low
November 24, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Putnam Global Incm 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 Global November 24, 2024 Market Strength

Market strength indicators help investors to evaluate how Putnam Global 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 Global shares will generate the highest return on investment. By undertsting and applying Putnam Global mutual fund market strength indicators, traders can identify Putnam Global Incm entry and exit signals to maximize returns

Putnam Global Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Putnam Global'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.

Other Information on Investing in Putnam Mutual Fund

Putnam Global 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 Global security.
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