Putnam Global Health Fund Price on October 4, 2024
| PHSTX Fund | USD 61.69 0.32 0.52% |
Below is the normalized historical share price chart for Putnam Global Health 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 Global stands at 61.69, as last reported on the 26th of November, with the highest price reaching 61.69 and the lowest price hitting 61.69 during the day.
If you're considering investing in Putnam Mutual Fund, it is important to understand the factors that can impact its price. Putnam Global Health maintains Sharpe Ratio (i.e., Efficiency) of -0.24, which implies the entity had a -0.24% return per unit of risk over the last 3 months. Putnam Global Health exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Putnam Global's Variance of 0.4257, coefficient of variation of (444.83), and Risk Adjusted Performance of (0.17) 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.
Putnam |
Sharpe Ratio = -0.2439
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | PHSTX |
Estimated Market Risk
| 0.66 actual daily | 5 95% of assets are more volatile |
Expected Return
| -0.16 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.24 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 October 4, 2024
It is possible to determine the worth of Putnam Global on a given historical date. On October 4, 2024 Putnam was worth 65.62 at the beginning of the trading date compared to the closed value of 65.62. 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 | |
| 65.67 | 65.67 | 65.67 | 65.67 | 1.00 | |
10/04/2024 | 65.62 | 65.62 | 65.62 | 65.62 | 1.00 |
| 65.46 | 65.46 | 65.46 | 65.46 | 1.00 |
| Backtest Putnam Global | | | Putnam Global History | | | Putnam Global Valuation | Previous | Next |
Putnam Global Trading Date Momentum on October 4, 2024
| On October 07 2024 Putnam Global Health was traded for 65.46 at the closing time. The highest daily price throughout the period was 65.46 and the lowest price was 65.46 . There was no trading activity during the period 1.0. Lack of trading volume on 10/07/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.24% . The trading delta at closing time to current closing price is 1.62% . |
Putnam Global Health 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 Health 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 common stocks of large and midsize companies worldwide that the manager believes have favorable investment potential. Under normal circumstances, it invests at least 80 percent of its net assets in securities of companies in the health care industries. The fund 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.
Price Boundaries
Putnam Global Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Putnam Global Health 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 26, 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 Health 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.
| Risk Adjusted Performance | (0.17) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.26) | |||
| Treynor Ratio | (1.25) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
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.
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum |