Putnam Research Fund Price on November 23, 2024
| PNRAX Fund | USD 58.23 0.34 0.59% |
Below is the normalized historical share price chart for Putnam Research Fund extending back to July 13, 1998. 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 Research stands at 58.23, as last reported on the 2nd of December, with the highest price reaching 58.23 and the lowest price hitting 58.23 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 Research maintains Sharpe Ratio (i.e., Efficiency) of 0.21, which implies the entity had a 0.21% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Putnam Research, which you can use to evaluate the volatility of the fund. Please check Putnam Research's Semi Deviation of 0.6418, coefficient of variation of 595.81, and Risk Adjusted Performance of 0.1284 to confirm if the risk estimate we provide is consistent with the expected return of 0.15%.
Putnam Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Putnam |
Sharpe Ratio = 0.2087
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Estimated Market Risk
| 0.72 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average Putnam Research is performing at about 16% 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 Research by adding it to a well-diversified portfolio.
Putnam Research Valuation on November 23, 2024
It is possible to determine the worth of Putnam Research on a given historical date. On November 23, 2024 Putnam was worth 57.63 at the beginning of the trading date compared to the closed value of 57.63. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Putnam Research mutual fund. Still, in general, we apply an absolute valuation method to find Putnam Research'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 Research where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Putnam Research's related companies.
| Open | High | Low | Close | Volume | |
| 57.42 | 57.42 | 57.42 | 57.42 | 1.00 | |
11/22/2024 | 57.63 | 57.63 | 57.63 | 57.63 | 1.00 |
| 57.87 | 57.87 | 57.87 | 57.87 | 1.00 |
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Putnam Research Trading Date Momentum on November 23, 2024
| On November 25 2024 Putnam Research Fund was traded for 57.87 at the closing time. The highest daily price throughout the period was 57.87 and the lowest price was 57.87 . There was no trading activity during the period 1.0. Lack of trading volume on 11/25/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.42% . The trading delta at closing time to current closing price is 1.04% . |
Putnam Research Fundamentals Correlations and Trends
By evaluating Putnam Research'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 Research'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 Research Mutual Fund history
Putnam Research 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 Research 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 Research stock prices may prove useful in developing a viable investing in Putnam Research
The fund invests mainly in common stocks of large U.S. companies that the managers believe have favorable investment potential. For example, the manager may purchase stocks of companies with stock prices that reflect a value lower than that which the managers place on the company. The manager may also consider other factors that the managers believe will cause the stock price to rise.
Putnam Research Mutual Fund Technical Analysis
Putnam Research 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 Research Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Putnam Research Fund 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 Research December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Putnam Research 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 Research shares will generate the highest return on investment. By undertsting and applying Putnam Research mutual fund market strength indicators, traders can identify Putnam Research Fund entry and exit signals to maximize returns
Putnam Research Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Putnam Research'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 | 0.1284 | |||
| Jensen Alpha | 0.0143 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.1449 |
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| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Putnam Mutual Fund
Putnam Research 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 Research security.
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