Putnam Floating Rate Fund Price History
PFICX Fund | USD 7.99 0.01 0.13% |
Below is the normalized historical share price chart for Putnam Floating Rate extending back to February 03, 2006. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Putnam Floating stands at 7.99, as last reported on the 24th of November, with the highest price reaching 7.99 and the lowest price hitting 7.99 during the day.
If you're considering investing in Putnam Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Putnam Mutual Fund to be very steady. Putnam Floating Rate maintains Sharpe Ratio (i.e., Efficiency) of 0.22, which implies the entity had a 0.22% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Putnam Floating Rate, which you can use to evaluate the volatility of the fund. Please check Putnam Floating's Standard Deviation of 0.1353, downside deviation of 0.1349, and Risk Adjusted Performance of 0.1276 to confirm if the risk estimate we provide is consistent with the expected return of 0.0293%.
Putnam Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Putnam |
Sharpe Ratio = 0.2154
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Negative Returns | PFICX |
Estimated Market Risk
0.14 actual daily | 1 99% of assets are more volatile |
Expected Return
0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.22 actual daily | 16 84% of assets perform better |
Based on monthly moving average Putnam Floating is performing at about 16% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Putnam Floating by adding it to a well-diversified portfolio.
Putnam Floating Mutual Fund Price History Chart
There are several ways to analyze Putnam Floating Rate Fund price data. The simplest method is using a basic Putnam candlestick price chart, which shows Putnam Floating price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest Price | November 12, 2024 | 7.99 |
Lowest Price | September 11, 2024 | 7.87 |
Putnam Floating November 24, 2024 Mutual Fund Price Synopsis
Various analyses of Putnam Floating's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Putnam Mutual Fund. It can be used to describe the percentage change in the price of Putnam Floating from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Putnam Mutual Fund.Putnam Floating Price Rate Of Daily Change | 1.00 |
Putnam Floating November 24, 2024 Mutual Fund Price Analysis
Putnam Mutual Fund Price History Data
The price series of Putnam Floating for the period between Mon, Aug 26, 2024 and Sun, Nov 24, 2024 has a statistical range of 0.16 with a coefficient of variation of 0.61. The price distribution for the period has arithmetic mean of 7.92. The median price for the last 90 days is 7.93. The company had dividends distributed to its stock-holders on 30th of April 2020.Open | High | Low | Close | Volume | ||
11/24/2024 | 7.99 | 7.99 | 7.99 | 7.99 | ||
11/22/2024 | 7.99 | 7.99 | 7.99 | 7.99 | 1.00 | |
11/21/2024 | 7.99 | 7.99 | 7.99 | 7.99 | 1.00 | |
11/20/2024 | 7.99 | 7.99 | 7.99 | 7.99 | 1.00 | |
11/19/2024 | 7.99 | 7.99 | 7.99 | 7.99 | 1.00 | |
11/18/2024 | 7.99 | 7.99 | 7.99 | 7.99 | 1.00 | |
11/15/2024 | 7.98 | 7.98 | 7.98 | 7.98 | 1.00 | |
11/14/2024 | 7.98 | 7.98 | 7.98 | 7.98 | 1.00 | |
11/13/2024 | 7.98 | 7.98 | 7.98 | 7.98 | 1.00 | |
11/12/2024 | 7.99 | 7.99 | 7.99 | 7.99 | 1.00 | |
11/11/2024 | 7.98 | 7.98 | 7.98 | 7.98 | 1.00 | |
11/08/2024 | 7.98 | 7.98 | 7.98 | 7.98 | 1.00 | |
11/07/2024 | 7.98 | 7.98 | 7.98 | 7.98 | 1.00 | |
11/06/2024 | 7.98 | 7.98 | 7.98 | 7.98 | 1.00 | |
11/05/2024 | 7.96 | 7.96 | 7.96 | 7.96 | 1.00 | |
11/04/2024 | 7.96 | 7.96 | 7.96 | 7.96 | 1.00 | |
11/01/2024 | 7.97 | 7.97 | 7.97 | 7.97 | 1.00 | |
10/31/2024 | 7.97 | 7.97 | 7.97 | 7.97 | 1.00 | |
10/30/2024 | 7.93 | 7.93 | 7.93 | 7.93 | 1.00 | |
10/29/2024 | 7.93 | 7.93 | 7.93 | 7.93 | 1.00 | |
10/28/2024 | 7.94 | 7.94 | 7.94 | 7.94 | 1.00 | |
10/25/2024 | 7.94 | 7.94 | 7.94 | 7.94 | 1.00 | |
10/24/2024 | 7.94 | 7.94 | 7.94 | 7.94 | 1.00 | |
10/23/2024 | 7.94 | 7.94 | 7.94 | 7.94 | 1.00 | |
10/22/2024 | 7.94 | 7.94 | 7.94 | 7.94 | 1.00 | |
10/21/2024 | 7.94 | 7.94 | 7.94 | 7.94 | 1.00 | |
10/18/2024 | 7.95 | 7.95 | 7.95 | 7.95 | 1.00 | |
10/17/2024 | 7.94 | 7.94 | 7.94 | 7.94 | 1.00 | |
10/16/2024 | 7.94 | 7.94 | 7.94 | 7.94 | 1.00 | |
10/15/2024 | 7.94 | 7.94 | 7.94 | 7.94 | 1.00 | |
10/14/2024 | 7.94 | 7.94 | 7.94 | 7.94 | 1.00 | |
10/11/2024 | 7.94 | 7.94 | 7.94 | 7.94 | 1.00 | |
10/10/2024 | 7.93 | 7.93 | 7.93 | 7.93 | 1.00 | |
10/09/2024 | 7.93 | 7.93 | 7.93 | 7.93 | 1.00 | |
10/08/2024 | 7.93 | 7.93 | 7.93 | 7.93 | 1.00 | |
10/07/2024 | 7.92 | 7.92 | 7.92 | 7.92 | 1.00 | |
10/04/2024 | 7.92 | 7.92 | 7.92 | 7.92 | 1.00 | |
10/03/2024 | 7.92 | 7.92 | 7.92 | 7.92 | 1.00 | |
10/02/2024 | 7.92 | 7.92 | 7.92 | 7.92 | 1.00 | |
10/01/2024 | 7.92 | 7.92 | 7.92 | 7.92 | 1.00 | |
09/30/2024 | 7.92 | 7.92 | 7.92 | 7.92 | 1.00 | |
09/27/2024 | 7.87 | 7.87 | 7.87 | 7.87 | 1.00 | |
09/26/2024 | 7.87 | 7.87 | 7.87 | 7.87 | 1.00 | |
09/25/2024 | 7.87 | 7.87 | 7.87 | 7.87 | 1.00 | |
09/24/2024 | 7.87 | 7.87 | 7.87 | 7.87 | 1.00 | |
09/23/2024 | 7.87 | 7.87 | 7.87 | 7.87 | 1.00 | |
09/20/2024 | 7.88 | 7.88 | 7.88 | 7.88 | 1.00 | |
09/19/2024 | 7.88 | 7.88 | 7.88 | 7.88 | 1.00 | |
09/18/2024 | 7.87 | 7.87 | 7.87 | 7.87 | 1.00 | |
09/17/2024 | 7.87 | 7.87 | 7.87 | 7.87 | 1.00 | |
09/16/2024 | 7.87 | 7.87 | 7.87 | 7.87 | 1.00 | |
09/13/2024 | 7.88 | 7.88 | 7.88 | 7.88 | 1.00 | |
09/12/2024 | 7.88 | 7.88 | 7.88 | 7.88 | 1.00 | |
09/11/2024 | 7.87 | 7.87 | 7.87 | 7.87 | 1.00 | |
09/10/2024 | 7.88 | 7.88 | 7.88 | 7.88 | 1.00 | |
09/09/2024 | 7.88 | 7.88 | 7.88 | 7.88 | 1.00 | |
09/06/2024 | 7.88 | 7.88 | 7.88 | 7.88 | 1.00 | |
09/05/2024 | 7.88 | 7.88 | 7.88 | 7.88 | 1.00 | |
09/04/2024 | 7.88 | 7.88 | 7.88 | 7.88 | 1.00 | |
09/03/2024 | 7.88 | 7.88 | 7.88 | 7.88 | 1.00 | |
08/30/2024 | 7.89 | 7.89 | 7.89 | 7.89 | 1.00 |
About Putnam Floating Mutual Fund history
Putnam Floating investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Putnam is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Putnam Floating Rate will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Putnam Floating stock prices may prove useful in developing a viable investing in Putnam Floating
The fund invests mainly in corporate loans and debt securities that have floating rates of interest and other corporate debt securities. It will invest at least 80 percent of its net assets in income-producing floating rate loans and other floating rate debt securities. The fund invests mainly in obligations of U.S. issuers that are below-investment-grade in quality. The adviser may consider, among other factors, credit, interest rate and prepayment risks, as well as general market conditions, when deciding whether to buy or sell investments.
Putnam Floating Mutual Fund Technical Analysis
Putnam Floating technical mutual fund 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, fund market cycles, or different charting patterns.
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Putnam Floating Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Putnam Floating's price direction in advance. Along with the technical and fundamental analysis of Putnam Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Putnam to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.1276 | |||
Jensen Alpha | 0.0234 | |||
Total Risk Alpha | (0.0006) | |||
Sortino Ratio | (0.74) | |||
Treynor Ratio | (0.96) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Other Information on Investing in Putnam Mutual Fund
Putnam Floating 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 Floating security.
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