Putnam Global Price To Sales vs. Year To Date Return
| PHSRX Fund | USD 56.10 0.24 0.43% |
For Putnam Global profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Putnam Global to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Putnam Global Health utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Putnam Global's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Putnam Global Health over time as well as its relative position and ranking within its peers.
Putnam |
Putnam Global Health Year To Date Return vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Putnam Global's current stock value. Our valuation model uses many indicators to compare Putnam Global value to that of its competitors to determine the firm's financial worth. Putnam Global Health is rated top fund in price to sales among similar funds. It also is rated top fund in year to date return among similar funds creating about 3.05 of Year To Date Return per Price To Sales. 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 Putnam Global's earnings, one of the primary drivers of an investment's value.Putnam Year To Date Return vs. Price To Sales
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Putnam Global |
| = | 2.17 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Year to Date Return (YTD) is the total return generated from holding a security from the beginning of the current fiscal year. In other words, YTD Return represents the capital appreciation of your investments from the start of the current fiscal year.
Putnam Global |
| = | 6.61 % |
Year-To-Date typically refers to a period starting from the beginning of the current year and continuing up to the present day. Investors should becareful when comparing YTD ratios if not much of the year has occurred as research shows that YTD measures are more sensitive to early periods than late.
Putnam Year To Date Return Comparison
Putnam Global is currently under evaluation in year to date return among similar funds.
Putnam Global Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Putnam Global, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Putnam Global will eventually generate negative long term returns. The profitability progress is the general direction of Putnam Global's change in net profit over the period of time. It can combine multiple indicators of Putnam Global, 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.
The fund invests mainly in common stocks of large and midsize companies worldwide that the manager believes have favorable investment potential. Under normal circumstances, it invests at least 80 percent of its net assets in securities of companies in the health care industries. The fund is non-diversified.
Putnam Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Putnam Global. 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 Putnam Global 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 Putnam Global's important profitability drivers and their relationship over time.
Use Putnam Global 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 Putnam Global 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 Putnam Global will appreciate offsetting losses from the drop in the long position's value.Putnam Global Pair Trading
Putnam Global Health Pair Trading Analysis
The ability to find closely correlated positions to Putnam Global could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Putnam Global 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 Putnam Global - 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 Putnam Global Health to buy it.
The correlation of Putnam Global 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 Putnam Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Putnam Global Health 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 Putnam Global 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 Putnam Global position
In addition to having Putnam Global 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?
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Entities that are involved in raising capital, merging with and acquiring companies, and investing in private equity through leveraged buyouts. The SPAC theme has 25 constituents at this time.
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Other Information on Investing in Putnam Mutual Fund
To fully project Putnam Global's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Putnam Global Health at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Putnam Global's income statement, its balance sheet, and the statement of cash flows.
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