Putnam U S Fund Market Value
| PGSBX Fund | USD 8.68 0.00 0.00% |
| Symbol | Putnam |
Putnam U '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 Putnam U'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 Putnam U.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Putnam U on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Putnam U S or generate 0.0% return on investment in Putnam U over 30 days. Putnam U is related to or competes with Putnam Equity, Putnam Tax, Putnam Floating, Putnam High, Putnam Floating, Putnam Floating, and Putnam Floating. The fund invests mainly in mortgages, mortgage-related fixed income securities and related derivatives that are either i... More
Putnam U 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 Putnam U'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 Putnam U S upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.75) | |||
| Maximum Drawdown | 1.05 | |||
| Potential Upside | 0.1161 |
Putnam U Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Putnam U's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Putnam U's standard deviation. In reality, there are many statistical measures that can use Putnam U historical prices to predict the future Putnam U's volatility.| Risk Adjusted Performance | 0.0221 | |||
| Jensen Alpha | 0.0028 | |||
| Total Risk Alpha | (0.02) | |||
| Treynor Ratio | (0.64) |
Putnam U S Backtested Returns
At this stage we consider Putnam Mutual Fund to be very steady. Putnam U S maintains Sharpe Ratio (i.e., Efficiency) of 0.17, which implies the entity had a 0.17% return per unit of risk over the last 3 months. We have found seventeen technical indicators for Putnam U S, which you can use to evaluate the volatility of the fund. Please check Putnam U's Risk Adjusted Performance of 0.0221, variance of 0.0227, and Coefficient Of Variation of 1216.93 to confirm if the risk estimate we provide is consistent with the expected return of 0.024%. The fund holds a Beta of -0.0037, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Putnam U are expected to decrease at a much lower rate. During the bear market, Putnam U is likely to outperform the market.
Auto-correlation | 0.00 |
No correlation between past and present
Putnam U S has no correlation between past and present. Overlapping area represents the amount of predictability between Putnam U time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Putnam U S price movement. The serial correlation of 0.0 indicates that just 0.0% of current Putnam U price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Putnam U S lagged returns against current returns
Autocorrelation, which is Putnam U 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 Putnam U's mutual fund expected returns. We can calculate the autocorrelation of Putnam U returns to help us make a trade decision. For example, suppose you find that Putnam U 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 |
Putnam U 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 Putnam U mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Putnam U mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Putnam U mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Putnam U Lagged Returns
When evaluating Putnam U's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Putnam U mutual fund have on its future price. Putnam U 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, Putnam U autocorrelation shows the relationship between Putnam U mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Putnam U S.
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 Putnam Mutual Fund
Putnam U 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 U security.
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