Putnam Municipal Opportunities Stock Price on September 19, 2024
| PMO Stock | USD 10.63 0.20 1.92% |
Below is the normalized historical share price chart for Putnam Municipal Opportunities extending back to May 24, 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 Municipal stands at 10.63, as last reported on the 28th of November, with the highest price reaching 10.65 and the lowest price hitting 10.49 during the day.
If you're considering investing in Putnam Stock, it is important to understand the factors that can impact its price. As of now, Putnam Stock is very steady. Putnam Municipal Opp maintains Sharpe Ratio (i.e., Efficiency) of 0.0688, which implies the firm had a 0.0688% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Putnam Municipal Opp, which you can use to evaluate the volatility of the company. Please check Putnam Municipal's Coefficient Of Variation of 8208.86, risk adjusted performance of 0.0075, and Semi Deviation of 0.7146 to confirm if the risk estimate we provide is consistent with the expected return of 0.0478%.
At this time, Putnam Municipal's Total Stockholder Equity is very stable compared to the past year. As of the 28th of November 2024, Liabilities And Stockholders Equity is likely to grow to about 532.3 M, while Common Stock Shares Outstanding is likely to drop about 29 M. . At this time, Putnam Municipal's Price Fair Value is very stable compared to the past year. Putnam Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 27th of October 1994 | 200 Day MA 10.3068 | 50 Day MA 10.6096 | Beta 0.623 |
Putnam |
Sharpe Ratio = 0.0688
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| Negative Returns | PMO |
Estimated Market Risk
| 0.7 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Putnam Municipal is performing at about 5% 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 Municipal by adding it to a well-diversified portfolio.
Price Book 0.9337 | Price Sales 15.164 | Dividend Share 0.619 | Earnings Share 0.59 | Shares Short 56.3 K |
Related Headline
DWS Municipal Headline on 19th of September 2024
Insider Trading by Kircher Richard Filed transaction by DWS Municipal Income Officer. Insider Public Trading |
Putnam Municipal Valuation on September 19, 2024
It is possible to determine the worth of Putnam Municipal on a given historical date. On September 19, 2024 Putnam was worth 10.65 at the beginning of the trading date compared to the closed value of 10.65. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Putnam Municipal stock. Still, in general, we apply an absolute valuation method to find Putnam Municipal'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 Municipal where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Putnam Municipal's related companies.
| Open | High | Low | Close | Volume | |
| 10.68 | 10.70 | 10.60 | 10.67 | 72,100 | |
09/19/2024 | 10.65 | 10.67 | 10.64 | 10.65 | 80,100 |
| 10.65 | 10.65 | 10.57 | 10.58 | 53,700 |
| Backtest Putnam Municipal | | | Putnam Municipal History | | | Putnam Municipal Valuation | Previous | Next |
Putnam Municipal Trading Date Momentum on September 19, 2024
| On September 20 2024 Putnam Municipal Opportunities was traded for 10.58 at the closing time. Highest Putnam Municipal's price during the trading hours was 10.65 and the lowest price during the day was 10.57 . The net volume was 53.7 K. The overall trading history on the 20th of September contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 0.66% . The trading delta at closing time to current price is 1.31% . |
Putnam Municipal Opp Fundamentals Correlations and Trends
By evaluating Putnam Municipal'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 Municipal'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 Municipal Stock history
Putnam Municipal 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 Municipal Opp 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 Municipal stock prices may prove useful in developing a viable investing in Putnam Municipal
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 32.2 M | 29 M | |
| Net Income Applicable To Common Shares | 6.2 M | 10.4 M |
Putnam Municipal Stock Technical Analysis
Putnam Municipal technical stock 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, stock market cycles, or different charting patterns.
Price Boundaries
Putnam Municipal Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Putnam Municipal Opportunities cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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 Municipal November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Putnam Municipal stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Putnam Municipal shares will generate the highest return on investment. By undertsting and applying Putnam Municipal stock market strength indicators, traders can identify Putnam Municipal Opportunities entry and exit signals to maximize returns
Putnam Municipal Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Putnam Municipal's price direction in advance. Along with the technical and fundamental analysis of Putnam Stock 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 | 0.0075 | |||
| Jensen Alpha | 0.0052 | |||
| Total Risk Alpha | (0.10) | |||
| Sortino Ratio | (0.16) | |||
| Treynor Ratio | 0.0345 |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Putnam Municipal Opportunities. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Putnam Municipal. If investors know Putnam will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Putnam Municipal listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.95) | Dividend Share 0.619 | Earnings Share 0.59 | Revenue Per Share 0.632 | Quarterly Revenue Growth 0.105 |
The market value of Putnam Municipal Opp 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 Municipal's value that differs from its market value or its book value, called intrinsic value, which is Putnam Municipal'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 Municipal's market value can be influenced by many factors that don't directly affect Putnam Municipal'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 Municipal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Putnam Municipal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Putnam Municipal'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.