Putnam Municipal Opportunities Stock Probability Of Bankruptcy

PMO Stock  USD 10.36  0.01  0.1%   
Putnam Municipal's odds of distress is under 8% at this time. It has tiny probability of undergoing some form of financial straits in the near future. Odds of distress shows the probability of financial torment over the next two years of operations under current economic and market conditions. All items used in analyzing the odds of distress are taken from the Putnam balance sheet, as well as cash flow and income statements available from the company's most recent filings. Check out Putnam Municipal Piotroski F Score and Putnam Municipal Altman Z Score analysis.
  
As of the 24th of November 2024, Market Cap is likely to grow to about 421.5 M. Also, Enterprise Value is likely to grow to about 464.6 M

Putnam Municipal Opportunities Company odds of distress Analysis

Putnam Municipal's Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.

Probability Of Bankruptcy

 = 

Normalized

Z-Score

More About Probability Of Bankruptcy | All Equity Analysis

Current Putnam Municipal Probability Of Bankruptcy

    
  Less than 8%  
Most of Putnam Municipal's fundamental indicators, such as Probability Of Bankruptcy, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Putnam Municipal Opportunities is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Putnam Municipal probability of bankruptcy is based on Altman Z-Score and Piotroski F-Score, but not limited to these measures. To be applied to a broader range of industries and markets, we use several other techniques to enhance the accuracy of predicting Putnam Municipal odds of financial distress. These include financial statement analysis, different types of price predictions, earning estimates, analysis consensus, and basic intrinsic valuation. Please use the options below to get a better understanding of different measures that drive the calculation of Putnam Municipal Opportunities financial health.
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.

Putnam Probability Of Bankruptcy Driver Correlations

Understanding the fundamental principles of building solid financial models for Putnam Municipal is extremely important. It helps to project a fair market value of Putnam Stock properly, considering its historical fundamentals such as Probability Of Bankruptcy. Since Putnam Municipal's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Putnam Municipal's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Putnam Municipal's interrelated accounts and indicators.
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0.940.880.36-0.310.250.390.81-0.390.260.180.49-0.51-0.610.120.67-0.56
0.390.050.36-0.12-0.130.310.39-0.020.01-0.060.3-0.04-0.44-0.250.53-0.47
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-0.35-0.28-0.51-0.040.38-0.130.13-0.050.990.2-0.06-0.780.55-0.41-0.560.52
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-0.47-0.38-0.56-0.47-0.08-0.3-0.53-0.420.49-0.39-0.36-0.580.520.880.0-0.87
Click cells to compare fundamentals
The Probability of Bankruptcy SHOULD NOT be confused with the actual chance of a company to file for chapter 7, 11, 12, or 13 bankruptcy protection. Macroaxis simply defines Financial Distress as an operational condition where a company is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from both public financial statements as well as analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors taken into account include analysis of liquidity, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
Competition

Based on the latest financial disclosure, Putnam Municipal Opportunities has a Probability Of Bankruptcy of 8.0%. This is 83.98% lower than that of the Capital Markets sector and 80.1% lower than that of the Financials industry. The probability of bankruptcy for all United States stocks is 79.91% higher than that of the company.

Putnam Probability Of Bankruptcy Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Putnam Municipal's direct or indirect competition against its Probability Of Bankruptcy to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Putnam Municipal could also be used in its relative valuation, which is a method of valuing Putnam Municipal by comparing valuation metrics of similar companies.
Putnam Municipal is currently under evaluation in probability of bankruptcy category among its peers.

Putnam Municipal Main Bankruptcy Drivers

201920202021202220232024 (projected)
Return On Assets(0.001392)0.11(0.09)0.01950.03810.0304
Asset Turnover(4.8E-4)0.11(0.0886)0.02010.02960.0352
Gross Profit Margin(77.21)0.27(0.35)0.750.540.57
Net Debt43.2M57.6M55.5M21.4M7.7M7.3M
Total Current Liabilities17.5M9.4M49.8M11.3M7.6M13.4M
Non Current Liabilities Total43.3M57.6M56.1M21.4M4.8M4.6M
Total Assets625.7M681.7M639.8M549.4M498.1M536.6M
Total Current Assets10.9M9.1M22.6M7.5M6.7M11.9M
Total Cash From Operating Activities23.6M25.1M12.3M62.7M72.1M43.0M

Putnam Fundamentals

About Putnam Municipal Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Putnam Municipal Opportunities's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Putnam Municipal using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Putnam Municipal Opportunities based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Pair Trading with Putnam Municipal

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Putnam Municipal position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Putnam Municipal will appreciate offsetting losses from the drop in the long position's value.

Moving against Putnam Stock

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  0.45GS Goldman Sachs Group Fiscal Year End 21st of January 2025 PairCorr
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  0.31DIST Distoken AcquisitionPairCorr
The ability to find closely correlated positions to Putnam Municipal could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Putnam Municipal when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Putnam Municipal - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Putnam Municipal Opportunities to buy it.
The correlation of Putnam Municipal is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Putnam Municipal moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Putnam Municipal Opp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Putnam Municipal can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Putnam Municipal Opp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Putnam Municipal's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Putnam Municipal Opportunities Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Putnam Municipal Opportunities Stock:
Check out Putnam Municipal Piotroski F Score and Putnam Municipal Altman Z Score analysis.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
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.