Putnam Mutual Fund Buy Hold or Sell Recommendation

PAADX
 Fund
  

USD 14.61  0.06  0.41%   

Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Putnam Dynamic Asset is 'Strong Hold'. Macroaxis provides Putnam Dynamic buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding PAADX positions. The advice algorithm takes into account all of Putnam Dynamic's available fundamental, technical, and predictive indicators you will find on this site.
  
The advice is provided from Putnam Dynamic's buy-and-hold perspective. Please check Putnam Dynamic Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. We conduct extensive research on individual funds such as Putnam and provide practical buy, sell, or hold recommendation based on selected investing horizon and risk tolerance towards Putnam Dynamic Asset.

Execute Putnam Dynamic Buy or Sell Advice

The Putnam recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Putnam Dynamic Asset. Macroaxis does not own or have any residual interests in Putnam Dynamic Asset or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Putnam Dynamic's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Putnam DynamicBuy Putnam Dynamic
Strong Hold

Volatility

Details

Hype Condition

Details

Current Valuation

Details

Odds of Distress

Details

Economic Sensitivity

Details

Analyst Consensus

Not Available
Details
For the selected time horizon Putnam Dynamic Asset has a Risk Adjusted Performance of 0.0511, Jensen Alpha of (0.0367), Total Risk Alpha of (0.038862), Sortino Ratio of (0.08) and Treynor Ratio of 0.0424
Our trade recommendations tool can cross-verify current analyst consensus on Putnam Dynamic Asset and to analyze the entity potential to grow in the current economic cycle. Use Putnam Dynamic Asset price to book, three year return, as well as the relationship between the Three Year Return and cash position weight to ensure your buy or sell decision on Putnam Dynamic Asset is adequate.

Putnam Dynamic Trading Alerts and Improvement Suggestions

Putnam Dynamic Asset is unlikely to experience financial distress in the next 2 years
The fund maintains about 6.45% of its assets in cash

Putnam Dynamic Returns Distribution Density

The distribution of Putnam Dynamic's historical returns is an attempt to chart the uncertainty of Putnam Dynamic's future price movements. The chart of the probability distribution of Putnam Dynamic stock daily returns describes the distribution of returns around its average expected value. We use Putnam Dynamic Asset price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Putnam Dynamic returns is essential to provide solid investment advice for Putnam Dynamic.
Mean Return0.0388Value At Risk-1.46
Potential Upside1.80Standard Deviation1.03
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Putnam Dynamic historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Putnam Dynamic Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Putnam Dynamic or Putnam sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Putnam Dynamic's price will be affected by overall mutual fund market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Putnam fund's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over NYSE Composite
-0.04
β
Beta against NYSE Composite0.68
σ
Overall volatility
1.04
Ir
Information ratio -0.07

Putnam Dynamic Volatility Alert

Putnam Dynamic Asset has low volatility with Treynor Ratio of 0.04, Maximum Drawdown of 4.49 and kurtosis of 1.69. However, we advice all investors to further analyze Putnam Dynamic Asset to make certain all market information is desiminated and is consistent with the current expectations about Putnam Dynamic upside potential. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Putnam Dynamic's mutual fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Putnam Dynamic's mutual fund price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Putnam Dynamic Fundamentals Vs Peers

Comparing Putnam Dynamic's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Putnam Dynamic's direct or indirect competition across all of the common fundamentals between Putnam Dynamic and the related equities. This way, we can detect undervalued stocks with similar characteristics as Putnam Dynamic or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Putnam Dynamic's fundamental indicators could also be used in its relative valuation, which is a method of valuing Putnam Dynamic by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Putnam Dynamic to competition
FundamentalsPutnam DynamicPeer Average
Price to Earning14.96 X6.53 X
Price to Book2.07 X0.74 X
Price to Sales1.02 X0.61 X
One Year Return5.98 %4.15 %
Three Year Return4.76 %3.60 %
Five Year Return4.75 %3.24 %
Ten Year Return8.32 %1.79 %
Net Asset2.78 B4.11 B
Last Dividend Paid0.050.65
Cash Position Weight6.45 %10.61 %
Equity Positions Weight56.70 %63.90 %
Bond Positions Weight30.44 %11.24 %

About Putnam Dynamic Buy or Sell Advice

When is the right time to buy or sell Putnam Dynamic Asset? Buying financial instruments such as Putnam Mutual Fund isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Putnam Dynamic 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 Soft Drinks Thematic Idea Now

Soft Drinks
Soft Drinks Theme
Entities manufacturing and distributing non alcoholic beverages across different markets. The Soft Drinks theme has 40 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 Soft Drinks Theme or any other thematic opportunities.
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Please check Putnam Dynamic Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note that the Putnam Dynamic Asset information on this page should be used as a complementary analysis to other Putnam Dynamic's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

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When running Putnam Dynamic Asset price analysis, check to measure Putnam Dynamic's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Putnam Dynamic is operating at the current time. Most of Putnam Dynamic's value examination focuses on studying past and present price action to predict the probability of Putnam Dynamic's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Putnam Dynamic's price. Additionally, you may evaluate how the addition of Putnam Dynamic to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Putnam Dynamic's value and its price as these two are different measures arrived at by different means. Investors typically determine Putnam Dynamic value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Putnam Dynamic'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.