Putnam Global Technology Fund Statistic Functions Beta

PGTAX Fund  USD 75.56  0.20  0.27%   
Putnam Global statistic functions tool provides the execution environment for running the Beta function and other technical functions against Putnam Global. Putnam Global value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. Putnam Global statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Putnam Global Technology correlated with the market. If Beta is less than 0 Putnam Global generally moves in the opposite direction as compared to the market. If Putnam Global Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Putnam Global Technology is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Putnam Global is generally in the same direction as the market. If Beta > 1 Putnam Global moves generally in the same direction as, but more than the movement of the benchmark.

Putnam Global Technical Analysis Modules

Most technical analysis of Putnam Global help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Putnam from various momentum indicators to cycle indicators. When you analyze Putnam charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Putnam Global Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Putnam Global Technology. We use our internally-developed statistical techniques to arrive at the intrinsic value of Putnam Global Technology based on widely used predictive technical indicators. In general, we focus on analyzing Putnam Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Putnam Global's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Putnam Global's intrinsic value. In addition to deriving basic predictive indicators for Putnam Global, we also check how macroeconomic factors affect Putnam Global price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
74.2975.6076.91
Details
Intrinsic
Valuation
LowRealHigh
70.4771.7883.12
Details
Naive
Forecast
LowNextHigh
74.1175.4276.73
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
75.3075.4975.68
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Putnam Global. Your research has to be compared to or analyzed against Putnam Global's peers to derive any actionable benefits. When done correctly, Putnam Global's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Putnam Global Technology.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Putnam Global in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Putnam Global's short interest history, or implied volatility extrapolated from Putnam Global options trading.

Trending Themes

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Other Information on Investing in Putnam Mutual Fund

Putnam Global financial ratios help investors to determine whether Putnam 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 Putnam with respect to the benefits of owning Putnam Global security.
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon