Putnam Research Price To Sales vs. Ten Year Return
| PNRAX Fund | USD 58.23 0.34 0.59% |
For Putnam Research profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Putnam Research to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Putnam Research Fund utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Putnam Research's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Putnam Research Fund over time as well as its relative position and ranking within its peers.
Putnam |
Putnam Research Ten Year Return vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Putnam Research's current stock value. Our valuation model uses many indicators to compare Putnam Research value to that of its competitors to determine the firm's financial worth. Putnam Research Fund is rated top fund in price to sales among similar funds. It also is rated top fund in ten year return among similar funds reporting about 6.78 of Ten Year 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 Research's earnings, one of the primary drivers of an investment's value.Putnam Ten Year 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 Research |
| = | 1.90 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.
Ten Year Return shows the total annualized return generated from holding a fund for the last 10 years and represents fund's capital appreciation, including dividends losses and capital gains distributions. This return indicator is considered by many investors to be the ultimate measures of fund performance and can reflect the overall performance of the market or market segment it invests in.
Putnam Research |
| = | 12.88 % |
Although Ten Year Fund Return indicator can give a sense of overall fund long-term potential, it is recommended to compare funds performances against other similar funds or market benchmarks for the same 10-year interval.
Putnam Ten Year Return Comparison
Putnam Research is currently under evaluation in ten year return among similar funds.
Putnam Research Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Putnam Research, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Putnam Research will eventually generate negative long term returns. The profitability progress is the general direction of Putnam Research's change in net profit over the period of time. It can combine multiple indicators of Putnam Research, 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 U.S. companies that the managers believe have favorable investment potential. For example, the manager may purchase stocks of companies with stock prices that reflect a value lower than that which the managers place on the company. The manager may also consider other factors that the managers believe will cause the stock price to rise.
Putnam Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Putnam Research. 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 Research 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 Research's important profitability drivers and their relationship over time.
Use Putnam Research 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 Research 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 Research will appreciate offsetting losses from the drop in the long position's value.Putnam Research Pair Trading
Putnam Research Fund Pair Trading Analysis
The ability to find closely correlated positions to Putnam Research 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 Research 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 Research - 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 Research Fund to buy it.
The correlation of Putnam Research 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 Research moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Putnam Research 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 Research 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 Research position
In addition to having Putnam Research 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 Baby Boomer Prospects Thematic Idea Now
Baby Boomer Prospects
Equities with large market capitalization that account for significant contribution to overall economic growth especially within dividend-paying instruments and stocks from healthcare and financial sectors. The Baby Boomer Prospects theme has 99 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 Baby Boomer Prospects Theme or any other thematic opportunities.
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Other Information on Investing in Putnam Mutual Fund
To fully project Putnam Research's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Putnam Research 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 Research's income statement, its balance sheet, and the statement of cash flows.
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