Putnam Sustainable Leaders Etf Market Value
| PLDR Etf | USD 36.73 0.08 0.22% |
| Symbol | Putnam |
Understanding Putnam Sustainable requires distinguishing between market price and book value, where the latter reflects Putnam's accounting equity. The concept of intrinsic value—what Putnam Sustainable's is actually worth based on fundamentals—guides informed investors toward better entry and exit points. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. Market sentiment, economic cycles, and investor behavior can push Putnam Sustainable's price substantially above or below its fundamental value.
It's important to distinguish between Putnam Sustainable's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Putnam Sustainable should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, Putnam Sustainable's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.
Putnam Sustainable '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 Sustainable's etf 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 Sustainable.
| 11/04/2025 |
| 02/02/2026 |
If you would invest 0.00 in Putnam Sustainable on November 4, 2025 and sell it all today you would earn a total of 0.00 from holding Putnam Sustainable Leaders or generate 0.0% return on investment in Putnam Sustainable over 90 days. Putnam Sustainable is related to or competes with Invesco NASDAQ, Innovator, SPDR SSGA, ALPS ETF, Innovator, Invesco Solar, and SEI Exchange. The fund invests mainly in common stocks of U.S More
Putnam Sustainable 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 Sustainable's etf 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 Sustainable Leaders upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 3.83 | |||
| Value At Risk | (1.13) | |||
| Potential Upside | 1.1 |
Putnam Sustainable Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Putnam Sustainable's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Putnam Sustainable's standard deviation. In reality, there are many statistical measures that can use Putnam Sustainable historical prices to predict the future Putnam Sustainable's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.05) | |||
| Treynor Ratio | (0.02) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Putnam Sustainable's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Putnam Sustainable February 2, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.01) | |||
| Market Risk Adjusted Performance | (0.01) | |||
| Mean Deviation | 0.5153 | |||
| Coefficient Of Variation | (14,039) | |||
| Standard Deviation | 0.7001 | |||
| Variance | 0.4901 | |||
| Information Ratio | (0.07) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.05) | |||
| Treynor Ratio | (0.02) | |||
| Maximum Drawdown | 3.83 | |||
| Value At Risk | (1.13) | |||
| Potential Upside | 1.1 | |||
| Skewness | (0.57) | |||
| Kurtosis | 1.55 |
Putnam Sustainable Backtested Returns
Currently, Putnam Sustainable Leaders is very steady. Putnam Sustainable maintains Sharpe Ratio (i.e., Efficiency) of close to zero, which implies the entity had a close to zero % return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Putnam Sustainable, which you can use to evaluate the volatility of the etf. Please check Putnam Sustainable's Coefficient Of Variation of (14,039), risk adjusted performance of (0.01), and Variance of 0.4901 to confirm if the risk estimate we provide is consistent with the expected return of 0.0052%. The etf holds a Beta of 0.78, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Putnam Sustainable's returns are expected to increase less than the market. However, during the bear market, the loss of holding Putnam Sustainable is expected to be smaller as well.
Auto-correlation | -0.69 |
Very good reverse predictability
Putnam Sustainable Leaders has very good reverse predictability. Overlapping area represents the amount of predictability between Putnam Sustainable time series from 4th of November 2025 to 19th of December 2025 and 19th of December 2025 to 2nd of February 2026. 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 Sustainable price movement. The serial correlation of -0.69 indicates that around 69.0% of current Putnam Sustainable price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.69 | |
| Spearman Rank Test | -0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 0.13 |
Pair Trading with Putnam Sustainable
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 Sustainable 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 Sustainable will appreciate offsetting losses from the drop in the long position's value.Moving together with Putnam Etf
| 0.64 | VUG | Vanguard Growth Index | PairCorr |
| 0.75 | IVW | iShares SP 500 | PairCorr |
| 0.74 | SPYG | SPDR Portfolio SP | PairCorr |
| 0.76 | IUSG | iShares Core SP | PairCorr |
The ability to find closely correlated positions to Putnam Sustainable 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 Sustainable 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 Sustainable - 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 Sustainable Leaders to buy it.
The correlation of Putnam Sustainable 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 Sustainable moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Putnam Sustainable 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 Sustainable 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.Check out Putnam Sustainable Correlation, Putnam Sustainable Volatility and Putnam Sustainable Performance module to complement your research on Putnam Sustainable. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Putnam Sustainable technical etf 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, etf market cycles, or different charting patterns.