Putman Absolute Price To Book vs. Five Year Return
| PDMYXDelisted Fund | USD 9.07 0.00 0.00% |
For Putman Absolute profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Putman Absolute to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Putman Absolute Return utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Putman Absolute's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Putman Absolute Return over time as well as its relative position and ranking within its peers.
Putman |
Putman Absolute Return Five Year Return vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Putman Absolute's current stock value. Our valuation model uses many indicators to compare Putman Absolute value to that of its competitors to determine the firm's financial worth. Putman Absolute Return is rated top fund in price to book among similar funds. It also is rated top fund in five year return among similar funds . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Putman Absolute's earnings, one of the primary drivers of an investment's value.Putman Five Year Return vs. Price To Book
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Putman Absolute |
| = | 2.08 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.
Putman Absolute |
| = | (0.62) % |
Although Five Year Returns can give a sense of overall investment potential, it is recommended to compare equity performance with similar assets for the same five year time interval. Similarly, comparing overall investment performance over the last five years with the appropriate market index is a great way to determine how this equity instrument will perform during unforeseen market fluctuations.
Putman Five Year Return Comparison
Putman Absolute is currently under evaluation in five year return among similar funds.
Putman Absolute Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Putman Absolute, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Putman Absolute will eventually generate negative long term returns. The profitability progress is the general direction of Putman Absolute's change in net profit over the period of time. It can combine multiple indicators of Putman Absolute, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
In pursuing a positive total return, the advisor is generally intended to produce lower volatility over a reasonable period of time than has been historically associated with traditional asset classes that have earned similar levels of return over long historical periods. Putnam Multi-Asset is traded on NASDAQ Exchange in the United States.
Putman Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Putman Absolute. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Putman Absolute position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Putman Absolute's important profitability drivers and their relationship over time.
Use Putman Absolute in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Putman Absolute position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Putman Absolute will appreciate offsetting losses from the drop in the long position's value.Putman Absolute Pair Trading
Putman Absolute Return Pair Trading Analysis
The ability to find closely correlated positions to Putman Absolute could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Putman Absolute when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Putman Absolute - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Putman Absolute Return to buy it.
The correlation of Putman Absolute is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Putman Absolute moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Putman Absolute Return moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Putman Absolute can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Putman Absolute position
In addition to having Putman Absolute in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Railroads Thematic Idea Now
Railroads
Companies involved in manufacturing and maintenance of freight railroads and passenger trains as well as providing railroad services to public. The Railroads theme has 46 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Railroads Theme or any other thematic opportunities.
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Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Other Consideration for investing in Putman Mutual Fund
If you are still planning to invest in Putman Absolute Return check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Putman Absolute's history and understand the potential risks before investing.
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