Putnam High Yield Fund Manager Performance Evaluation
| PFJAX Fund | USD 5.40 0.01 0.19% |
The fund holds a Beta of 0.0114, which implies not very significant fluctuations relative to the market. As returns on the market increase, Putnam High's returns are expected to increase less than the market. However, during the bear market, the loss of holding Putnam High is expected to be smaller as well.
Risk-Adjusted Performance
14 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Putnam High Yield are ranked lower than 14 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, Putnam High is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio | 1.3000 |
Putnam |
Putnam High Relative Risk vs. Return Landscape
If you would invest 532.00 in Putnam High Yield on August 24, 2024 and sell it today you would earn a total of 8.00 from holding Putnam High Yield or generate 1.5% return on investment over 90 days. Putnam High Yield is currently producing 0.0238% returns and takes up 0.1273% volatility of returns over 90 trading days. Put another way, 1% of traded mutual funds are less volatile than Putnam, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Putnam High Current Valuation
Undervalued
Today
Please note that Putnam High's price fluctuation is out of control at this time. Based on Macroaxis valuation methodology, the fund cannot be evaluated at this time. Putnam High Yield recent Real Value cannot be determined due to lack of data. The prevailing price of Putnam High Yield is $5.4. We determine the value of Putnam High Yield from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we support acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will merge together.
Since Putnam High is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Putnam Mutual Fund. However, Putnam High's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 5.4 | Real 0.0 | Hype 0.0 | Naive 5.39 |
The intrinsic value of Putnam High's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Putnam High's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Putnam High Yield helps investors to forecast how Putnam mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Putnam High more accurately as focusing exclusively on Putnam High's fundamentals will not take into account other important factors: Putnam High Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Putnam High's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Putnam High Yield, and traders can use it to determine the average amount a Putnam High's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1868
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | PFJAX |
Estimated Market Risk
| 0.13 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 14 86% of assets perform better |
Based on monthly moving average Putnam High is performing at about 14% 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 High by adding it to a well-diversified portfolio.
Putnam High Fundamentals Growth
Putnam Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Putnam High, and Putnam High fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Putnam Mutual Fund performance.
| Total Asset | 892.97 M | |||
About Putnam High Performance
Evaluating Putnam High's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Putnam High has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Putnam High has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The fund invests mainly in bonds that are obligations of U.S. companies, are below investment-grade in quality, and have intermediate- to long-term maturities. Under normal circumstances, it invests at least 80 percent of its net assets in securities rated below-investment-grade. 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. The fund may also invest in other debt instruments, including loans.Things to note about Putnam High Yield performance evaluation
Checking the ongoing alerts about Putnam High for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Putnam High Yield help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund maintains about 5.46% of its assets in cash |
- Analyzing Putnam High's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Putnam High's stock is overvalued or undervalued compared to its peers.
- Examining Putnam High's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Putnam High's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Putnam High's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Putnam High's mutual fund. These opinions can provide insight into Putnam High's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Putnam Mutual Fund
Putnam High 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 High security.
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