Putman Absolute Return Fund Manager Performance Evaluation
| PTRKX Fund | USD 8.29 0.03 0.36% |
The fund holds a Beta of -0.0557, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Putman Absolute are expected to decrease at a much lower rate. During the bear market, Putman Absolute is likely to outperform the market.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Putman Absolute Return has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong forward-looking signals, Putman Absolute is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio | 0.8900 |
Putman |
Putman Absolute Relative Risk vs. Return Landscape
If you would invest 837.00 in Putman Absolute Return on September 1, 2024 and sell it today you would lose (12.00) from holding Putman Absolute Return or give up 1.43% of portfolio value over 90 days. Putman Absolute Return is currently producing negative expected returns and takes up 0.3061% volatility of returns over 90 trading days. Put another way, 2% of traded mutual funds are less volatile than Putman, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Putman Absolute Current Valuation
Overvalued
Today
Please note that Putman Absolute's price fluctuation is very steady at this time. At this time, the fund appears to be overvalued. Putman Absolute Return holds a recent Real Value of $8.01 per share. The prevailing price of the fund is $8.29. We determine the value of Putman Absolute Return 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 Putman Absolute is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Putman Mutual Fund. However, Putman Absolute'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 8.29 | Real 8.01 | Hype 8.29 | Naive 8.32 |
The intrinsic value of Putman Absolute'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 Putman Absolute'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 Putman Absolute Return helps investors to forecast how Putman 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 Putman Absolute more accurately as focusing exclusively on Putman Absolute's fundamentals will not take into account other important factors: Putman Absolute Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Putman Absolute's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Putman Absolute Return, and traders can use it to determine the average amount a Putman Absolute'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 = -0.0771
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | PTRKX |
Estimated Market Risk
| 0.31 actual daily | 2 98% of assets are more volatile |
Expected Return
| -0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Putman Absolute is not performing at its full potential. However, 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 Putman Absolute by adding Putman Absolute to a well-diversified portfolio.
Putman Absolute Fundamentals Growth
Putman Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Putman Absolute, and Putman Absolute 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 Putman Mutual Fund performance.
| Total Asset | 359.86 M | ||||
About Putman Absolute Performance
Evaluating Putman Absolute's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Putman Absolute 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 Putman Absolute 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 a diversified portfolio of investment-grade fixed-income securities. It invests mainly in bonds of governments and private companies that are investment-grade in quality with intermediate- to long-term maturities . The fund may invest in below-investment-grade investments. However, the fund will not invest in securities that are rated lower than B or its equivalent by each rating agency rating the investment, or are unrated securities that Putnam Management believes are of comparable quality.Things to note about Putman Absolute Return performance evaluation
Checking the ongoing alerts about Putman Absolute for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Putman Absolute Return help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Putman Absolute generated a negative expected return over the last 90 days | |
| The fund maintains about 10.97% of its assets in bonds |
- Analyzing Putman Absolute'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 Putman Absolute's stock is overvalued or undervalued compared to its peers.
- Examining Putman Absolute'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 Putman Absolute's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Putman Absolute's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Putman Absolute's mutual fund. These opinions can provide insight into Putman Absolute's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Putman Mutual Fund
Putman Absolute financial ratios help investors to determine whether Putman 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 Putman with respect to the benefits of owning Putman Absolute security.
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
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| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years |