Putnam Vertible Securities Fund Manager Performance Evaluation
| PCONX Fund | USD 26.95 0.08 0.30% |
The fund holds a Beta of 0.51, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Putnam Convertible's returns are expected to increase less than the market. However, during the bear market, the loss of holding Putnam Convertible is expected to be smaller as well.
Risk-Adjusted Performance
27 of 100
Weak | Strong |
Strong
Compared to the overall equity markets, risk-adjusted returns on investments in Putnam Vertible Securities are ranked lower than 27 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak basic indicators, Putnam Convertible may actually be approaching a critical reversion point that can send shares even higher in January 2025.
...more| Expense Ratio Date | 28th of February 2023 | |
| Expense Ratio | 1.0500 |
Putnam |
Putnam Convertible Relative Risk vs. Return Landscape
If you would invest 2,431 in Putnam Vertible Securities on September 3, 2024 and sell it today you would earn a total of 264.00 from holding Putnam Vertible Securities or generate 10.86% return on investment over 90 days. Putnam Vertible Securities is currently producing 0.1623% returns and takes up 0.4715% volatility of returns over 90 trading days. Put another way, 4% of traded mutual funds are less volatile than Putnam, and 97% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Putnam Convertible Current Valuation
Fairly Valued
Today
Please note that Putnam Convertible's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Putnam Vertible Secu holds a recent Real Value of $26.59 per share. The prevailing price of the fund is $26.95. We determine the value of Putnam Vertible Secu from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we support acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will merge together.
Since Putnam Convertible is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Putnam Mutual Fund. However, Putnam Convertible's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 26.95 | Real 26.59 | Hype 26.95 | Naive 27.04 |
The intrinsic value of Putnam Convertible's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Putnam Convertible's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Putnam Vertible Securities helps investors to forecast how Putnam mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Putnam Convertible more accurately as focusing exclusively on Putnam Convertible's fundamentals will not take into account other important factors: Putnam Convertible Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Putnam Convertible's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Putnam Vertible Securities, and traders can use it to determine the average amount a Putnam Convertible's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.3442
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | PCONX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.47 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.34 actual daily | 27 73% of assets perform better |
Based on monthly moving average Putnam Convertible is performing at about 27% 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 Convertible by adding it to a well-diversified portfolio.
Putnam Convertible Fundamentals Growth
Putnam Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Putnam Convertible, and Putnam Convertible fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Putnam Mutual Fund performance.
| Price To Earning | 1.73 X | |||
| Price To Book | 2.23 X | |||
| Price To Sales | 1.80 X | |||
| Total Asset | 376.1 M | |||
About Putnam Convertible Performance
Evaluating Putnam Convertible's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Putnam Convertible has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Putnam Convertible has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The fund invests mainly in convertible securities of U.S. companies. Convertible securities combine the investment characteristics of bonds and common stocks. Under normal circumstances, it invests at least 80 percent of the funds net assets in convertible securities. Convertible securities include bonds, preferred stocks and other instruments that can be converted into or exchanged for common stock or equivalent value. A significant portion of the convertible securities are below-investment-grade.Things to note about Putnam Vertible Secu performance evaluation
Checking the ongoing alerts about Putnam Convertible for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Putnam Vertible Secu help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund maintains about 5.86% of its assets in cash |
- Analyzing Putnam Convertible's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Putnam Convertible's stock is overvalued or undervalued compared to its peers.
- Examining Putnam Convertible's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Putnam Convertible's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Putnam Convertible's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Putnam Convertible's mutual fund. These opinions can provide insight into Putnam Convertible's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Putnam Mutual Fund
Putnam Convertible 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 Convertible security.
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