Putnam Focused Beta vs. One Year Return
| PVAL Etf | USD 39.58 0.28 0.71% |
For Putnam Focused profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Putnam Focused to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Putnam Focused Large utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Putnam Focused's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Putnam Focused Large over time as well as its relative position and ranking within its peers.
Putnam |
The market value of Putnam Focused Large is measured differently than its book value, which is the value of Putnam that is recorded on the company's balance sheet. Investors also form their own opinion of Putnam Focused's value that differs from its market value or its book value, called intrinsic value, which is Putnam Focused's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Putnam Focused's market value can be influenced by many factors that don't directly affect Putnam Focused's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Putnam Focused's value and its price as these two are different measures arrived at by different means. Investors typically determine if Putnam Focused is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Putnam Focused's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Putnam Focused Large One Year Return vs. Beta Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Putnam Focused's current stock value. Our valuation model uses many indicators to compare Putnam Focused value to that of its competitors to determine the firm's financial worth. Putnam Focused Large is rated number one ETF in beta as compared to similar ETFs. It also is rated number one ETF in one year return as compared to similar ETFs reporting about 39.20 of One Year Return per Beta. Comparative valuation analysis is a catch-all technique that is used if you cannot value Putnam Focused by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Putnam One Year Return vs. Beta
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Putnam Focused |
| = | 0.88 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
Putnam Focused |
| = | 34.50 % |
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
Putnam One Year Return Comparison
Putnam Focused is currently under evaluation in one year return as compared to similar ETFs.
Beta Analysis
Putnam Focused returns are very sensitive to returns on the market. As the market goes up or down, Putnam Focused is expected to follow.
Putnam Focused Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Putnam Focused, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Putnam Focused will eventually generate negative long term returns. The profitability progress is the general direction of Putnam Focused's change in net profit over the period of time. It can combine multiple indicators of Putnam Focused, 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 U.S. companies, with a focus on value stocks that offer the potential for capital growth, current income, or both. Putnam Focused is traded on NYSEARCA Exchange in the United States.
Putnam Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Putnam Focused. 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 Focused 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 Focused's important profitability drivers and their relationship over time.
| Beta vs Three Year Return | ||
| Net Asset vs One Year Return | ||
| Beta vs Last Dividend Paid | ||
| Equity Positions Weight vs One Year Return |
Use Putnam Focused 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 Focused 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 Focused will appreciate offsetting losses from the drop in the long position's value.Putnam Focused Pair Trading
Putnam Focused Large Pair Trading Analysis
The ability to find closely correlated positions to Putnam Focused 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 Focused 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 Focused - 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 Focused Large to buy it.
The correlation of Putnam Focused 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 Focused moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Putnam Focused Large 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 Focused 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 Focused position
In addition to having Putnam Focused 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 IT Thematic Idea Now
IT
Information Technology (IT) companies and IT service providers across different domains. The IT theme has 48 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 IT Theme or any other thematic opportunities.
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To fully project Putnam Focused's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Putnam Focused Large 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 Focused's income statement, its balance sheet, and the statement of cash flows.