Putnam Minnesota Tax Fund Price History

PXMNX Fund  USD 8.87  0.02  0.23%   
Below is the normalized historical share price chart for Putnam Minnesota Tax extending back to April 23, 1990. 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 Minnesota stands at 8.87, as last reported on the 29th of November, with the highest price reaching 8.87 and the lowest price hitting 8.87 during the day.
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
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 Minnesota Tax maintains Sharpe Ratio (i.e., Efficiency) of 0.0501, which implies the entity had a 0.0501% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Putnam Minnesota Tax, which you can use to evaluate the volatility of the fund. Please check Putnam Minnesota's Risk Adjusted Performance of 0.0327, coefficient of variation of 1447.9, and Semi Deviation of 0.2142 to confirm if the risk estimate we provide is consistent with the expected return of 0.0129%.
  
Putnam Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0501

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Estimated Market Risk

 0.26
  actual daily
2
98% of assets are more volatile

Expected Return

 0.01
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.05
  actual daily
3
97% of assets perform better
Based on monthly moving average Putnam Minnesota is performing at about 3% 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 Minnesota by adding it to a well-diversified portfolio.

Putnam Minnesota Mutual Fund Price History Chart

There are several ways to analyze Putnam Minnesota Tax Fund price data. The simplest method is using a basic Putnam candlestick price chart, which shows Putnam Minnesota 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 PriceOctober 1, 20248.92
Lowest PriceNovember 6, 20248.69

Putnam Minnesota November 29, 2024 Mutual Fund Price Synopsis

Various analyses of Putnam Minnesota'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 Minnesota 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 Minnesota Price Rate Of Daily Change 1.00 
Putnam Minnesota Price Action Indicator 0.01 

Putnam Minnesota November 29, 2024 Mutual Fund Price Analysis

When benchmark price declines in a down market, there may be an uptick in Putnam Minnesota Tax Fund price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Putnam Minnesota intraday prices and daily technical indicators to check the level of noise trading in Putnam Minnesota Tax Fund and then apply it to test your longer-term investment strategies against Putnam.

Putnam Mutual Fund Price History Data

The price series of Putnam Minnesota for the period between Sat, Aug 31, 2024 and Fri, Nov 29, 2024 has a statistical range of 0.23 with a coefficient of variation of 0.56. The price distribution for the period has arithmetic mean of 8.82. The median price for the last 90 days is 8.83. The company had dividends distributed to its stock-holders on 30th of April 2020.
OpenHighLowCloseVolume
11/29/2024
 8.87  8.87  8.87  8.87 
11/27/2024 8.87  8.87  8.87  8.87  1.00 
11/26/2024 8.85  8.85  8.85  8.85  1.00 
11/25/2024 8.85  8.85  8.85  8.85  1.00 
11/22/2024 8.82  8.82  8.82  8.82  1.00 
11/21/2024 8.82  8.82  8.82  8.82  1.00 
11/20/2024 8.82  8.82  8.82  8.82  1.00 
11/19/2024 8.82  8.82  8.82  8.82  1.00 
11/18/2024 8.81  8.81  8.81  8.81  1.00 
11/15/2024 8.81  8.81  8.81  8.81  1.00 
11/14/2024 8.81  8.81  8.81  8.81  1.00 
11/13/2024 8.80  8.80  8.80  8.80  1.00 
11/12/2024 8.79  8.79  8.79  8.79  1.00 
11/11/2024 8.79  8.79  8.79  8.79  1.00 
11/08/2024 8.79  8.79  8.79  8.79  1.00 
11/07/2024 8.72  8.72  8.72  8.72  1.00 
11/06/2024 8.69  8.69  8.69  8.69  1.00 
11/05/2024 8.79  8.79  8.79  8.79  1.00 
11/04/2024 8.79  8.79  8.79  8.79  1.00 
11/01/2024 8.77  8.77  8.77  8.77  1.00 
10/31/2024 8.77  8.77  8.77  8.77  1.00 
10/30/2024 8.75  8.75  8.75  8.75  1.00 
10/29/2024 8.74  8.74  8.74  8.74  1.00 
10/28/2024 8.76  8.76  8.76  8.76  1.00 
10/25/2024 8.76  8.76  8.76  8.76  1.00 
10/24/2024 8.73  8.73  8.73  8.73  1.00 
10/23/2024 8.72  8.72  8.72  8.72  1.00 
10/22/2024 8.79  8.79  8.79  8.79  1.00 
10/21/2024 8.82  8.82  8.82  8.82  1.00 
10/18/2024 8.85  8.85  8.85  8.85  1.00 
10/17/2024 8.84  8.84  8.84  8.84  1.00 
10/16/2024 8.85  8.85  8.85  8.85  1.00 
10/15/2024 8.84  8.84  8.84  8.84  1.00 
10/14/2024 8.83  8.83  8.83  8.83  1.00 
10/11/2024 8.83  8.83  8.83  8.83  1.00 
10/10/2024 8.84  8.84  8.84  8.84  1.00 
10/09/2024 8.84  8.84  8.84  8.84  1.00 
10/08/2024 8.84  8.84  8.84  8.84  1.00 
10/07/2024 8.86  8.86  8.86  8.86  1.00 
10/04/2024 8.88  8.88  8.88  8.88  1.00 
10/03/2024 8.92  8.92  8.92  8.92  1.00 
10/02/2024 8.92  8.92  8.92  8.92  1.00 
10/01/2024 8.92  8.92  8.92  8.92  1.00 
09/30/2024 8.89  8.89  8.89  8.89  1.00 
09/27/2024 8.87  8.87  8.87  8.87  1.00 
09/26/2024 8.86  8.86  8.86  8.86  1.00 
09/25/2024 8.86  8.86  8.86  8.86  1.00 
09/24/2024 8.86  8.86  8.86  8.86  1.00 
09/23/2024 8.86  8.86  8.86  8.86  1.00 
09/20/2024 8.86  8.86  8.86  8.86  1.00 
09/19/2024 8.86  8.86  8.86  8.86  1.00 
09/18/2024 8.87  8.87  8.87  8.87  1.00 
09/17/2024 8.87  8.87  8.87  8.87  1.00 
09/16/2024 8.87  8.87  8.87  8.87  1.00 
09/13/2024 8.86  8.86  8.86  8.86  1.00 
09/12/2024 8.86  8.86  8.86  8.86  1.00 
09/11/2024 8.86  8.86  8.86  8.86  1.00 
09/10/2024 8.86  8.86  8.86  8.86  1.00 
09/09/2024 8.84  8.84  8.84  8.84  1.00 
09/06/2024 8.83  8.83  8.83  8.83  1.00 
09/05/2024 8.82  8.82  8.82  8.82  1.00 

About Putnam Minnesota Mutual Fund history

Putnam Minnesota 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 Minnesota Tax 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 Minnesota stock prices may prove useful in developing a viable investing in Putnam Minnesota
The fund invests mainly in bonds that pay interest that is exempt from federal income tax and Minnesota personal income tax , are investment-grade in quality, and have intermediate- to long-term maturities . It invests at least 80 percent of the funds net assets in tax-exempt investments.

Putnam Minnesota Mutual Fund Technical Analysis

Putnam Minnesota 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.
A focus of Putnam Minnesota technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Putnam Minnesota trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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Putnam Minnesota Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Putnam Minnesota'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.

Other Information on Investing in Putnam Mutual Fund

Putnam Minnesota 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 Minnesota security.
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