Putnam Mutual Fund Buy Hold or Sell Recommendation

PDMAX
 Fund
  

USD 10.33  0.03  0.29%   

Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Putnam Multi-Asset Absolute is 'Not Rated'. Macroaxis provides Putnam Multi-Asset buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding PDMAX positions. The advice algorithm takes into account all of Putnam Multi-Asset's available fundamental, technical, and predictive indicators you will find on this site.
  
The advice is provided from Putnam Multi-Asset's buy-and-hold perspective. Please check Putnam Multi-Asset 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 Multi-Asset Absolute.

Execute Putnam Multi-Asset 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 Multi-Asset Absolute. Macroaxis does not own or have any residual interests in Putnam Multi-Asset Absolute or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Putnam Multi-Asset's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Putnam Multi-AssetBuy Putnam Multi-Asset
Strong Sell

Volatility

Out of controlDetails

Hype Condition

Under hypedDetails

Current Valuation

UndervaluedDetails

Odds of Distress

Very SmallDetails

Economic Sensitivity

Barely shadows the marketDetails

Analyst Consensus

Not AvailableDetails
For the selected time horizon Putnam Multi-Asset Absolute has a Mean Deviation of 0.242, Standard Deviation of 0.3035 and Variance of 0.0921
Our trade recommendations tool can cross-verify current analyst consensus on Putnam Multi-Asset and to analyze the entity potential to grow in the current economic cycle. Use Putnam Multi-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 Multi-Asset is adequate.

Putnam Multi-Asset Trading Alerts and Improvement Suggestions

Putnam Multi-Asset generated a negative expected return over the last 90 days
Putnam Multi-Asset is unlikely to experience financial distress in the next 2 years
Putnam Multi-Asset generated five year return of -1.0%
This fund maintains about 45.97% of its assets in cash

Putnam Multi-Asset Returns Distribution Density

The distribution of Putnam Multi-Asset's historical returns is an attempt to chart the future uncertainty of Putnam Multi-Asset's future price movements. The chart of the probability distribution of Putnam Multi-Asset stock daily returns describes the distribution of returns around its average expected value. We use Putnam Multi-Asset Absolute price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Putnam Multi-Asset returns is essential to provide solid investment advice for Putnam Multi-Asset stock.
Mean Return-0.03Value At Risk-0.58
Potential Upside0.38Standard Deviation0.30
   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 Multi-Asset 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 Multi-Asset 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 Multi-Asset 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 Multi-Asset stock's price will be affected by overall stock 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 stock'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 DOW
-0.04
β
Beta against DOW0.0317
σ
Overall volatility
0.29
Ir
Information ratio -0.09

Putnam Multi-Asset Volatility Alert

Putnam Multi-Asset Absolute exhibits very low volatility with skewness of -0.83 and kurtosis of 0.44. However, we advise investors to further study Putnam Multi-Asset Absolute technical indicators to make sure all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Putnam Multi-Asset's mutual fund risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Putnam Multi-Asset'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 Multi-Asset Implied Volatility

Putnam Multi-Asset's implied volatility" href="/stock-options/PDMAX/Putnam-Multi-Asset-Absolute">Putnam Multi-Asset's implied volatility exposes the market's sentiment of Putnam Multi-Asset Absolute stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Putnam Multi-Asset's implied volatility" href="/stock-options/PDMAX/Putnam-Multi-Asset-Absolute">Putnam Multi-Asset's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Putnam Multi-Asset stock will not fluctuate a lot when Putnam Multi-Asset's options" href="/stock-options/PDMAX/Putnam-Multi-Asset-Absolute">Putnam Multi-Asset's options are near their expiration.

Putnam Multi-Asset Fundamentals Vs Peers

Comparing Putnam Multi-Asset'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 Multi-Asset's direct or indirect competition across all of the common fundamentals between Putnam Multi-Asset and the related equities. This way, we can detect undervalued stocks with similar characteristics as Putnam Multi-Asset or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Putnam Multi-Asset's fundamental indicators could also be used in its relative valuation, which is a method of valuing Putnam Multi-Asset by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Putnam Multi-Asset to competition
FundamentalsPutnam Multi-AssetPeer Average
Price to Earning14.12 X6.53 X
Price to Book2.08 X0.74 X
Price to Sales1.22 X0.61 X
One Year Return(7.00) %4.15 %
Three Year Return(2.16) %3.60 %
Five Year Return(0.87) %3.24 %
Ten Year Return2.18 %1.79 %
Net Asset589.8 M4.11 B
Last Dividend Paid0.350.65
Cash Position Weight45.97 %10.61 %
Equity Positions Weight17.41 %63.90 %
Bond Positions Weight2.09 %11.24 %

About Putnam Multi-Asset Buy or Sell Advice

When is the right time to buy or sell Putnam Multi-Asset Absolute? 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 stock 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. Although Putnam Multi-Asset investors may find it confusing at the beginning, 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 Multi-Asset 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 Defense Thematic Idea Now

Defense
Defense Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Defense theme has 10 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 Defense Theme or any other thematic opportunities.
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Please check Putnam Multi-Asset 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 Multi-Asset information on this page should be used as a complementary analysis to other Putnam Multi-Asset'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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

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Please note, there is a significant difference between Putnam Multi-Asset's value and its price as these two are different measures arrived at by different means. Investors typically determine Putnam Multi-Asset value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Putnam Multi-Asset'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.