George Putnam Balanced Fund Market Value
| PGEJX Fund | USD 26.25 0.09 0.34% |
| Symbol | George |
George Putnam 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to George Putnam's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of George Putnam.
| 08/05/2024 |
| 02/01/2025 |
If you would invest 0.00 in George Putnam on August 5, 2024 and sell it all today you would earn a total of 0.00 from holding George Putnam Balanced or generate 0.0% return on investment in George Putnam over 180 days. George Putnam is related to or competes with American Funds, American Funds, American Balanced, American Balanced, American Balanced, American Balanced, and American Balanced. The fund invests mainly in a combination of bonds and common stocks of large U.S More
George Putnam Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure George Putnam's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess George Putnam Balanced upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7699 | |||
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 3.6 | |||
| Value At Risk | (1.10) | |||
| Potential Upside | 0.8271 |
George Putnam Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for George Putnam's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as George Putnam's standard deviation. In reality, there are many statistical measures that can use George Putnam historical prices to predict the future George Putnam's volatility.| Risk Adjusted Performance | 0.0014 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0.13) | |||
| Treynor Ratio | (0.02) |
George Putnam Balanced Backtested Returns
At this stage we consider George Mutual Fund to be very steady. George Putnam Balanced holds Efficiency (Sharpe) Ratio of 0.0242, which attests that the entity had a 0.0242 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for George Putnam Balanced, which you can use to evaluate the volatility of the entity. Please check out George Putnam's Risk Adjusted Performance of 0.0014, market risk adjusted performance of (0.01), and Downside Deviation of 0.7699 to validate if the risk estimate we provide is consistent with the expected return of 0.0163%. The fund retains a Market Volatility (i.e., Beta) of 0.3, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, George Putnam's returns are expected to increase less than the market. However, during the bear market, the loss of holding George Putnam is expected to be smaller as well.
Auto-correlation | -0.6 |
Good reverse predictability
George Putnam Balanced has good reverse predictability. Overlapping area represents the amount of predictability between George Putnam time series from 5th of August 2024 to 3rd of November 2024 and 3rd of November 2024 to 1st of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of George Putnam Balanced price movement. The serial correlation of -0.6 indicates that roughly 60.0% of current George Putnam price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.6 | |
| Spearman Rank Test | -0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 0.13 |
George Putnam Balanced lagged returns against current returns
Autocorrelation, which is George Putnam mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting George Putnam's mutual fund expected returns. We can calculate the autocorrelation of George Putnam returns to help us make a trade decision. For example, suppose you find that George Putnam has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
George Putnam regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If George Putnam mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if George Putnam mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in George Putnam mutual fund over time.
Current vs Lagged Prices |
| Timeline |
George Putnam Lagged Returns
When evaluating George Putnam's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of George Putnam mutual fund have on its future price. George Putnam autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, George Putnam autocorrelation shows the relationship between George Putnam mutual fund current value and its past values and can show if there is a momentum factor associated with investing in George Putnam Balanced.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in George Mutual Fund
George Putnam financial ratios help investors to determine whether George 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 George with respect to the benefits of owning George Putnam security.
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