Putnam Sustainable Leaders Etf Price on November 1, 2024
| PLDR Etf | USD 34.74 0.12 0.34% |
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 Sustainable stands at 34.74, as last reported on the 28th of November, with the highest price reaching 34.81 and the lowest price hitting 34.74 during the day. Currently, Putnam Sustainable Leaders is very steady. Putnam Sustainable maintains Sharpe Ratio (i.e., Efficiency) of 0.1, which implies the entity had a 0.1% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Putnam Sustainable, which you can use to evaluate the volatility of the etf. Please check Putnam Sustainable's Coefficient Of Variation of 981.84, semi deviation of 0.7583, and Risk Adjusted Performance of 0.0782 to confirm if the risk estimate we provide is consistent with the expected return of 0.0791%.
Putnam Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Putnam |
Sharpe Ratio = 0.1011
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Estimated Market Risk
| 0.78 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Putnam Sustainable is performing at about 7% 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 Sustainable by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 283.8 K |
Putnam Sustainable Valuation on November 1, 2024
It is possible to determine the worth of Putnam Sustainable on a given historical date. On November 1, 2024 Putnam was worth 33.43 at the beginning of the trading date compared to the closed value of 33.26. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Putnam Sustainable etf. Still, in general, we apply an absolute valuation method to find Putnam Sustainable'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 Sustainable where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Putnam Sustainable's related companies.
| Open | High | Low | Close | Volume | |
| 33.29 | 33.29 | 33.09 | 33.09 | 31,150 | |
11/01/2024 | 33.43 | 33.48 | 33.26 | 33.26 | 52,200 |
| 33.27 | 33.27 | 33.07 | 33.14 | 943,614 |
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Putnam Sustainable Trading Date Momentum on November 1, 2024
| On November 04 2024 Putnam Sustainable Leaders was traded for 33.14 at the closing time. The top price for the day was 33.27 and the lowest listed price was 33.07 . The trading volume for the day was 943.6 K. The trading history from November 4, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.36% . The trading delta at closing time against the current closing price is 3.70% . |
Putnam Sustainable Fundamentals Correlations and Trends
By evaluating Putnam Sustainable'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 Sustainable'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 Sustainable Etf history
Putnam Sustainable 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 Sustainable 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 Sustainable stock prices may prove useful in developing a viable investing in Putnam Sustainable
The fund invests mainly in common stocks of U.S. companies of any size, with a focus on companies that Putnam Management believes exhibit a commitment to financially material sustainable business practices. Putnam Sustainable is traded on NYSEARCA Exchange in the United States.
Putnam Sustainable Etf Technical Analysis
Putnam Sustainable 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 Sustainable Period Price Range
Low | November 28, 2024
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0.00 | 0.00 |
Putnam Sustainable Leaders 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 Sustainable November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Putnam Sustainable 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 Sustainable shares will generate the highest return on investment. By undertsting and applying Putnam Sustainable etf market strength indicators, traders can identify Putnam Sustainable Leaders entry and exit signals to maximize returns
Putnam Sustainable Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Putnam Sustainable'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 | 0.0782 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.0862 |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Putnam Sustainable Leaders. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
The market value of Putnam Sustainable 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 Sustainable's value that differs from its market value or its book value, called intrinsic value, which is Putnam Sustainable'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 Sustainable's market value can be influenced by many factors that don't directly affect Putnam Sustainable'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 Sustainable's value and its price as these two are different measures arrived at by different means. Investors typically determine if Putnam Sustainable is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Putnam Sustainable'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.