Putnam Short Duration Fund Price on October 8, 2024
PSDTX Fund | USD 10.12 0.01 0.1% |
Below is the normalized historical share price chart for Putnam Short Duration extending back to October 17, 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 Short stands at 10.12, as last reported on the 27th of November, with the highest price reaching 10.12 and the lowest price hitting 10.12 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 Short Duration 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-two technical indicators for Putnam Short Duration, which you can use to evaluate the volatility of the fund. Please check Putnam Short's Coefficient Of Variation of 505.01, variance of 0.0098, and Risk Adjusted Performance of 0.0843 to confirm if the risk estimate we provide is consistent with the expected return of 0.0206%.
Putnam Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Putnam |
Sharpe Ratio = 0.206
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Based on monthly moving average Putnam Short 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 Short by adding it to a well-diversified portfolio.
Putnam Short Valuation on October 8, 2024
It is possible to determine the worth of Putnam Short on a given historical date. On October 8, 2024 Putnam was worth 10.09 at the beginning of the trading date compared to the closed value of 10.09. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Putnam Short mutual fund. Still, in general, we apply an absolute valuation method to find Putnam Short'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 Short where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Putnam Short's related companies.
Open | High | Low | Close | Volume | |
10.09 | 10.09 | 10.09 | 10.09 | 1.00 | |
10/08/2024 | 10.09 | 10.09 | 10.09 | 10.09 | 1.00 |
10.09 | 10.09 | 10.09 | 10.09 | 1.00 |
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Putnam Short Trading Date Momentum on October 8, 2024
On October 09 2024 Putnam Short Duration was traded for 10.09 at the closing time. The highest daily price throughout the period was 10.09 and the lowest price was 10.09 . There was no trading activity during the period 1.0. Lack of trading volume on 10/09/2024 did not cause price change. The trading delta at closing time to current closing price is 0.00% . |
Putnam Short Duration Fundamentals Correlations and Trends
By evaluating Putnam Short'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 Short'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 Short Mutual Fund history
Putnam Short 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 Short Duration 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 Short stock prices may prove useful in developing a viable investing in Putnam Short
The fund invests in a diversified portfolio of fixed income securities comprised of short duration, investment-grade money market and other fixed income securities. It may also invest in U.S. dollar-denominated foreign securities of these types. Under normal circumstances, the effective duration of the funds portfolio will generally not be greater than one year.
Putnam Short Mutual Fund Technical Analysis
Putnam Short 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 Short Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
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Putnam Short November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Putnam Short 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 Short shares will generate the highest return on investment. By undertsting and applying Putnam Short mutual fund market strength indicators, traders can identify Putnam Short Duration entry and exit signals to maximize returns
Putnam Short Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Putnam Short'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 | 0.0843 | |||
Jensen Alpha | 0.0118 | |||
Total Risk Alpha | (0.01) | |||
Treynor Ratio | (0.55) |
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Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Other Information on Investing in Putnam Mutual Fund
Putnam Short 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 Short security.
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