Putman Mutual Fund Probability of Future Mutual Fund Price Finishing Under 10.21

PDMAX
 Fund
  

USD 10.57  0.02  0.19%   

Putman Absolute's future price is the expected price of Putman Absolute instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Putman Absolute Return performance during a given time horizon utilizing its historical volatility.
  
Please check Putman Absolute Backtesting, Portfolio Optimization, Putman Absolute Correlation, Putman Absolute Hype Analysis, Putman Absolute Volatility, Putman Absolute History as well as Putman Absolute Performance. Please specify Putman Absolute time horizon, a valid symbol (red box) and a target price (blue box) you would like Putman Absolute odds to be computed.

Putman Absolute Target Price Odds to finish below 10.21

The tendency of Putman Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to drop to $ 10.21  or more in 90 days
 10.57 90 days 10.21 
near 1
Based on a normal probability distribution, the odds of Putman Absolute to drop to $ 10.21  or more in 90 days from now is near 1 (This Putman Absolute Return probability density function shows the probability of Putman Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Putman Absolute Return price to stay between $ 10.21  and its current price of $10.57 at the end of the 90-day period is more than 93.0 .
Assuming the 90 days horizon Putman Absolute has a beta of 0.0354 indicating as returns on the market go up, Putman Absolute average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Putman Absolute Return will be expected to be much smaller as well. Additionally The company has an alpha of 0.0056, implying that it can generate a 0.005585 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
   Putman Absolute Price Density   
       Price  

Predictive Modules for Putman Absolute

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Putman Absolute Return. Regardless of method or technology, however, to accurately forecast the stock or bond market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Putman Absolute's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Putman Absolute in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
10.3510.5710.79
Details
Intrinsic
Valuation
LowReal ValueHigh
10.3210.5410.76
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Putman Absolute. Your research has to be compared to or analyzed against Putman Absolute's peers to derive any actionable benefits. When done correctly, Putman Absolute's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Putman Absolute Return.

Putman Absolute Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Putman Absolute is not an exception. The market had few large corrections towards the Putman Absolute's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Putman Absolute Return, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Putman Absolute within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
0.005585
β
Beta against NYSE Composite0.0354
σ
Overall volatility
0.07
Ir
Information ratio -0.39

Putman Absolute Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Putman Absolute for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Putman Absolute Return can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Putman Absolute is unlikely to experience financial distress in the next 2 years
Putman Absolute Return generated five year return of -1.0%
This fund maintains about 45.45% of its assets in cash

Putman Absolute Technical Analysis

Putman Absolute's future price can be derived by breaking down and analyzing its technical indicators over time. Putman Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Putman Absolute Return. In general, you should focus on analyzing Putman Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.

Putman Absolute Predictive Forecast Models

Putman Absolute time-series forecasting models is one of many Putman Absolute's mutual fund analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Putman Absolute's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the mutual fund market movement and maximize returns from investment trading.

Things to note about Putman Absolute Return

Checking the ongoing alerts about Putman Absolute for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Putman Absolute Return help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Putman Absolute is unlikely to experience financial distress in the next 2 years
Putman Absolute Return generated five year return of -1.0%
This fund maintains about 45.45% of its assets in cash
Please check Putman Absolute Backtesting, Portfolio Optimization, Putman Absolute Correlation, Putman Absolute Hype Analysis, Putman Absolute Volatility, Putman Absolute History as well as Putman Absolute Performance. Note that the Putman Absolute Return information on this page should be used as a complementary analysis to other Putman Absolute'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 Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

Complementary Tools for Putman Mutual Fund analysis

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