Putnam High Income Fund Alpha and Beta Analysis
| PCF Fund | USD 6.71 0.01 0.15% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Putnam High Income. It also helps investors analyze the systematic and unsystematic risks associated with investing in Putnam High over a specified time horizon. Remember, high Putnam High's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Putnam High's market risk premium analysis include:
Beta 0.17 | Alpha 0.0272 | Risk 0.51 | Sharpe Ratio 0.11 | Expected Return 0.0534 |
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Putnam |
Putnam High Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Putnam High market risk premium is the additional return an investor will receive from holding Putnam High long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Putnam High. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Putnam High's performance over market.| α | 0.03 | β | 0.17 |
Putnam High expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Putnam High's Buy-and-hold return. Our buy-and-hold chart shows how Putnam High performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Putnam High Market Price Analysis
Market price analysis indicators help investors to evaluate how Putnam High fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Putnam High shares will generate the highest return on investment. By understating and applying Putnam High fund market price indicators, traders can identify Putnam High position entry and exit signals to maximize returns.
Putnam High Return and Market Media
The median price of Putnam High for the period between Sat, Aug 24, 2024 and Fri, Nov 22, 2024 is 6.64 with a coefficient of variation of 1.33. The daily time series for the period is distributed with a sample standard deviation of 0.09, arithmetic mean of 6.63, and mean deviation of 0.07. The Fund received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Temasek subsidiary raises 1.3bn for credit fund - Alternatives Watch | 09/03/2024 |
2 | High Income Securities Fund Announces Monthly Distributions For Fourth Quarter of 2024 - StockTitan | 09/25/2024 |
3 | PCF - High Income Securities Fund Latest Stock News Market Updates - StockTitan | 10/04/2024 |
4 | Trend Tracker for - Stock Traders Daily | 11/14/2024 |
About Putnam High Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Putnam or other funds. Alpha measures the amount that position in Putnam High Income has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
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 High 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 High's short interest history, or implied volatility extrapolated from Putnam High options trading.
Build Portfolio with Putnam High
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Other Information on Investing in Putnam Fund
Putnam High financial ratios help investors to determine whether Putnam 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 High security.
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes |