Putnam Mutual Fund Market Value

PAADX
 Fund
  

USD 14.92  0.20  1.36%   

Putnam Dynamic's market value is the price at which a share of Putnam Dynamic stock trades on a public exchange. It measures the collective expectations of Putnam Dynamic Asset investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Putnam Dynamic Asset and determine expected loss or profit from investing in Putnam Dynamic over a given investment horizon. Please check Putnam Dynamic Hype Analysis, Putnam Dynamic Correlation, Portfolio Optimization, Putnam Dynamic Volatility, as well as analyze Putnam Dynamic Alpha and Beta and Putnam Dynamic Performance.
Symbol

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.

Putnam Dynamic 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Putnam Dynamic's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Putnam Dynamic.
0.00
09/20/2020
No Change 0.00  0.0 
In 1 year 10 months and 22 days
08/11/2022
0.00
If you would invest  0.00  in Putnam Dynamic on September 20, 2020 and sell it all today you would earn a total of 0.00 from holding Putnam Dynamic Asset or generate 0.0% return on investment in Putnam Dynamic over 690 days. Putnam Dynamic is related to or competes with Caterpillar. The fund allocates 45 percent to 75 percent of its assets in equities and 25 percent to 55 percent in fixed income secur...More

Putnam Dynamic Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Putnam Dynamic's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Putnam Dynamic Asset upside and downside potential and time the market with a certain degree of confidence.

Putnam Dynamic Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Putnam Dynamic's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Putnam Dynamic's standard deviation. In reality, there are many statistical measures that can use Putnam Dynamic historical prices to predict the future Putnam Dynamic's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Putnam Dynamic'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 Putnam Dynamic in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.000.000.99
Details
Intrinsic
Valuation
LowReal ValueHigh
0.091.802.79
Details
Naive
Forecast
LowNext ValueHigh
13.8514.8415.84
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
13.8114.4615.11
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Putnam Dynamic. Your research has to be compared to or analyzed against Putnam Dynamic's peers to derive any actionable benefits. When done correctly, Putnam Dynamic'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 Putnam Dynamic Asset.

Putnam Dynamic Asset Backtested Returns

We consider Putnam Dynamic slightly risky. Putnam Dynamic Asset maintains Sharpe Ratio (i.e., Efficiency) of 0.0445, which implies the entity had 0.0445% of return per unit of risk over the last 3 months. Our standpoint towards forecasting the volatility of a fund is to use all available market data together with fund-specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Putnam Dynamic Asset, which you can use to evaluate the future volatility of the fund. Please check Putnam Dynamic Asset Risk Adjusted Performance of 0.0294, semi deviation of 1.02, and Coefficient Of Variation of 3991.76 to confirm if the risk estimate we provide is consistent with the expected return of 0.0443%.
The fund holds a Beta of 0.7685, which implies possible diversification benefits within a given portfolio. Let's try to break down what Putnam's beta means in this case. As returns on the market increase, Putnam Dynamic returns are expected to increase less than the market. However, during the bear market, the loss on holding Putnam Dynamic will be expected to be smaller as well. Although it is important to respect Putnam Dynamic Asset current trending patterns, it is better to be realistic regarding the information on the equity's existing price patterns. The philosophy towards forecasting future performance of any fund is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing Putnam Dynamic Asset technical indicators, you can presently evaluate if the expected return of 0.0443% will be sustainable into the future.

Auto-correlation

    
  -0.83  

Excellent reverse predictability

Putnam Dynamic Asset has excellent reverse predictability. Overlapping area represents the amount of predictability between Putnam Dynamic time series from 20th of September 2020 to 31st of August 2021 and 31st of August 2021 to 11th of August 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Putnam Dynamic Asset price movement. The serial correlation of -0.83 indicates that around 83.0% of current Putnam Dynamic price fluctuation can be explain by its past prices.
Correlation Coefficient-0.83
Spearman Rank Test-0.86
Residual Average0.0
Price Variance0.85

Putnam Dynamic Asset lagged returns against current returns

Autocorrelation, which is Putnam Dynamic mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Putnam Dynamic's mutual fund expected returns. We can calculate the autocorrelation of Putnam Dynamic returns to help us make a trade decision. For example, suppose you find that Putnam Dynamic mutual fund has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
   Current and Lagged Values   
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       Timeline  

Putnam Dynamic regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Putnam Dynamic mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Putnam Dynamic mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Putnam Dynamic mutual fund over time.
   Current vs Lagged Prices   
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       Timeline  

Putnam Dynamic Lagged Returns

When evaluating Putnam Dynamic's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Putnam Dynamic mutual fund have on its future price. Putnam Dynamic autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Putnam Dynamic autocorrelation shows the relationship between Putnam Dynamic mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Putnam Dynamic Asset.
   Regressed Prices   
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       Timeline  

Be your own money manager

Our tools can tell you how much better you can do entering a position in Putnam Dynamic without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Technical Analysis

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Currently Active Assets on Macroaxis

Please check Putnam Dynamic Hype Analysis, Putnam Dynamic Correlation, Portfolio Optimization, Putnam Dynamic Volatility, as well as analyze Putnam Dynamic Alpha and Beta and Putnam Dynamic Performance. 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 Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

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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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Putnam Dynamic 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, stock market cycles, or different charting patterns.
A focus of Putnam Dynamic technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Putnam Dynamic trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...