Putnam Managed Municipal Stock Technical Analysis
| PMM Stock | USD 6.16 0.01 0.16% |
As of the 25th of November, Putnam Managed holds the Risk Adjusted Performance of (0.06), variance of 0.4005, and Coefficient Of Variation of (1,236). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Putnam Managed, as well as the relationship between them. Please check Putnam Managed Municipal market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and skewness to decide if Putnam Managed Municipal is priced some-what accurately, providing market reflects its current price of 6.16 per share. Given that Putnam Managed has information ratio of (0.29), we recommend you to check out Putnam Managed Municipal's recent market performance to make sure the company can sustain itself at a future point.
Putnam Managed 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 Managed technical stock 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, stock market cycles, or different charting patterns.
Putnam Managed Municipal Technical Analysis
The output start index for this execution was twelve with a total number of output elements of fourty-nine. 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 Managed Municipal volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Putnam Managed Municipal Trend Analysis
Use this graph to draw trend lines for Putnam Managed Municipal. You can use it to identify possible trend reversals for Putnam Managed 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 Managed price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Putnam Managed Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Putnam Managed Municipal applied against its price change over selected period. The best fit line has a slop of 0.004 , which may imply that the returns on investment in Putnam Managed Municipal will continue to fail. It has 122 observation points and a regression sum of squares at 0.59, which is the sum of squared deviations for the predicted Putnam Managed price change compared to its average price change.About Putnam Managed 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 Managed Municipal 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 Managed Municipal based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Putnam Managed Municipal price pattern first instead of the macroeconomic environment surrounding Putnam Managed Municipal. By analyzing Putnam Managed'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 Managed'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 Managed specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2023 | 2024 (projected) | Days Payables Outstanding | 249.92 | 237.42 | PFCF Ratio | 9.78 | 8.69 |
Putnam Managed November 25, 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.
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| Risk Adjusted Performance | (0.06) | |||
| Market Risk Adjusted Performance | (1.63) | |||
| Mean Deviation | 0.4671 | |||
| Coefficient Of Variation | (1,236) | |||
| Standard Deviation | 0.6328 | |||
| Variance | 0.4005 | |||
| Information Ratio | (0.29) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.16) | |||
| Treynor Ratio | (1.64) | |||
| Maximum Drawdown | 2.86 | |||
| Value At Risk | (1.13) | |||
| Potential Upside | 0.9709 | |||
| Skewness | (0.29) | |||
| Kurtosis | 0.2848 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Putnam Managed Municipal. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Putnam Managed. If investors know Putnam will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Putnam Managed listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.251 | Dividend Share 0.286 | Earnings Share 0.58 | Revenue Per Share 0.422 | Quarterly Revenue Growth (0) |
The market value of Putnam Managed Municipal 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 Managed's value that differs from its market value or its book value, called intrinsic value, which is Putnam Managed'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 Managed's market value can be influenced by many factors that don't directly affect Putnam Managed'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 Managed's value and its price as these two are different measures arrived at by different means. Investors typically determine if Putnam Managed is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Putnam Managed'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.