Putnam Managed Municipal Stock Market Value
| PMM Stock | USD 6.21 0.01 0.16% |
| Symbol | Putnam |
Putnam Managed Municipal Price To Book Ratio
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 Managed. 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 Managed 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 0.251 | Earnings Share 1.45 | Revenue Per Share | Quarterly Revenue Growth (0) | Return On Assets |
The market value of Putnam Managed Municipal 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 Managed's value that differs from its market value or its book value, called intrinsic value, which is Putnam Managed'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 Managed's market value can be influenced by many factors that don't directly affect Putnam Managed'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 Managed's value and its price as these two are different measures arrived at by different means. Investors typically determine if Putnam Managed is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Putnam Managed'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 Managed '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 Managed's stock 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 Managed.
| 01/02/2025 |
| 02/01/2025 |
If you would invest 0.00 in Putnam Managed on January 2, 2025 and sell it all today you would earn a total of 0.00 from holding Putnam Managed Municipal or generate 0.0% return on investment in Putnam Managed over 30 days. Putnam Managed is related to or competes with MFS Investment, Eaton Vance, Blackrock Munivest, DTF Tax, MFS High, Munivest Fund, and Blackrock Muniyield. Putnam Managed Municipal Income Trust is a close-ended fixed income mutual fund launched and managed by Putnam Investmen... More
Putnam Managed 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 Managed's stock 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 Managed Municipal upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9362 | |||
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 4.08 | |||
| Value At Risk | (1.42) | |||
| Potential Upside | 1.11 |
Putnam Managed Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Putnam Managed's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Putnam Managed's standard deviation. In reality, there are many statistical measures that can use Putnam Managed historical prices to predict the future Putnam Managed's volatility.| Risk Adjusted Performance | 0.0156 | |||
| Jensen Alpha | 0.0108 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | (0.06) |
Putnam Managed Municipal Backtested Returns
As of now, Putnam Stock is not too volatile. Putnam Managed Municipal maintains Sharpe Ratio (i.e., Efficiency) of close to zero, which implies the firm had a close to zero % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Putnam Managed Municipal, which you can use to evaluate the volatility of the company. Please check Putnam Managed's Semi Deviation of 0.7212, coefficient of variation of 5054.24, and Risk Adjusted Performance of 0.0156 to confirm if the risk estimate we provide is consistent with the expected return of 0.0057%. The company holds a Beta of -0.0824, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Putnam Managed are expected to decrease at a much lower rate. During the bear market, Putnam Managed is likely to outperform the market. Putnam Managed Municipal right now holds a risk of 0.78%. Please check Putnam Managed Municipal downside variance, as well as the relationship between the accumulation distribution and market facilitation index , to decide if Putnam Managed Municipal will be following its historical price patterns.
Auto-correlation | 0.36 |
Below average predictability
Putnam Managed Municipal has below average predictability. Overlapping area represents the amount of predictability between Putnam Managed time series from 2nd of January 2025 to 17th of January 2025 and 17th of January 2025 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 Putnam Managed Municipal price movement. The serial correlation of 0.36 indicates that just about 36.0% of current Putnam Managed price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.36 | |
| Spearman Rank Test | 0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Putnam Managed Municipal lagged returns against current returns
Autocorrelation, which is Putnam Managed stock'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 Managed's stock expected returns. We can calculate the autocorrelation of Putnam Managed returns to help us make a trade decision. For example, suppose you find that Putnam Managed has exhibited high autocorrelation historically, and you observe that the stock 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 Managed 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 Managed stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Putnam Managed stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Putnam Managed stock over time.
Current vs Lagged Prices |
| Timeline |
Putnam Managed Lagged Returns
When evaluating Putnam Managed's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Putnam Managed stock have on its future price. Putnam Managed 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 Managed autocorrelation shows the relationship between Putnam Managed stock current value and its past values and can show if there is a momentum factor associated with investing in Putnam Managed Municipal.
Regressed Prices |
| Timeline |
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Putnam Managed technical stock 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, stock market cycles, or different charting patterns.