Putnam Diversified Income Fund Technical Analysis
| PDVGX Fund | USD 5.40 0.02 0.37% |
As of the 27th of November, Putnam Diversified holds the Variance of 0.0528, risk adjusted performance of (0.03), and Coefficient Of Variation of (9,034). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Putnam Diversified, as well as the relationship between them.
Putnam Diversified Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Putnam, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to PutnamPutnam |
Putnam Diversified technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Putnam Diversified Income Technical Analysis
The output start index for this execution was four with a total number of output elements of fifty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Putnam Diversified Income volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Putnam Diversified Income Trend Analysis
Use this graph to draw trend lines for Putnam Diversified Income. You can use it to identify possible trend reversals for Putnam Diversified as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Putnam Diversified price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Putnam Diversified Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Putnam Diversified Income applied against its price change over selected period. The best fit line has a slop of 0.0015 , which may suggest that Putnam Diversified Income market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.09, which is the sum of squared deviations for the predicted Putnam Diversified price change compared to its average price change.About Putnam Diversified Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Putnam Diversified Income on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Putnam Diversified Income based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Putnam Diversified Income price pattern first instead of the macroeconomic environment surrounding Putnam Diversified Income. By analyzing Putnam Diversified's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Putnam Diversified's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Putnam Diversified specific price patterns or momentum indicators. Please read more on our technical analysis page.
Putnam Diversified November 27, 2024 Technical Indicators
Most technical analysis of Putnam 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 different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.03) | |||
| Market Risk Adjusted Performance | 1.25 | |||
| Mean Deviation | 0.1548 | |||
| Coefficient Of Variation | (9,034) | |||
| Standard Deviation | 0.2297 | |||
| Variance | 0.0528 | |||
| Information Ratio | (0.58) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.05) | |||
| Treynor Ratio | 1.24 | |||
| Maximum Drawdown | 1.3 | |||
| Value At Risk | (0.55) | |||
| Potential Upside | 0.3663 | |||
| Skewness | (0.80) | |||
| Kurtosis | 1.65 |
Putnam Diversified Income One Year Return
Based on the recorded statements, Putnam Diversified Income has an One Year Return of 11.063%. This is 31.33% lower than that of the Putnam family and significantly higher than that of the Nontraditional Bond category. The one year return for all United States funds is notably lower than that of the firm.
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.Other Information on Investing in Putnam Mutual Fund
Putnam Diversified 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 Diversified security.
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume |